Bond yields traded flat on Friday after Chief Economic Advisor (CEA) V Anantha Nageswaran has said that the country can achieve potential growth rate of 7.5% in the next few years.
In the global market, treasury yields moved higher on Wednesday as the Federal Reserve kept interest rates unchanged and upped its assessment of the U.S. economy. Furthermore, oil prices climbed 3% to a five-month high on Thursday on rising concerns that global supplies could be disrupted if the U.S. attacks Iran, one of OPEC's biggest crude producers.
Back home, the yields on new 10 year Government Stock were trading flat with its previous close of 6.69% on Thursday.
The benchmark five-year interest rates were trading 3 basis points lower at 6.36% from its previous close of 6.39% on Thursday.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: