'Indian stock market outperforms the global market, makes for attractive investment'
MSCI 1-month’s return is 8.0% compared to MSCI World’s 5.2%, 1Yr is 12% vs 13.8%, respectively. Key Points
mintVery difficult for Indian bond yields to slide lower from here: Lakshmi Iyer
“Incrementally from here for yields to slide lower looks very difficult. It is being capped at maybe 7.20, 7.25 levels, largely because of the announcement of the index inclusion, which is still some time away. Near-term global headwinds are going to be weighing on the sentiments and could prevent a significant rally from the current levels.” Key Points
Economic TimesIndian 10-year yield below 7% again as US peers decline
The 10-year benchmark 7.26% 2033 bond yield was at 6.9917% as of 10:00 a.m. IST, after closing at 7.0102% in the previous session. Key Points
FinancialexpressIndian bond yields may rise tracking US peers, state debt sale eyed
The 10-year benchmark 7.26% 2033 bond yield is expected to be in the 6.98% to 7.03% range after closing at 6.9864% in the previous session. Key Points
FinancialexpressIndia bond yields seen lower after better-than-expected inflation data
The 10-year benchmark 7.26% 2033 bond yield is expected to be in the 6.96%-7.02% range, a trader with a primary dealership said, after closing at 6.9938% in the previous session. Key Points
Financialexpress
Why India's bond yields crashed after RBI pauses rate hike? 10-year treasury may hit 7.4% in near term
The market was divided going into the policy with the swaps market pricing in a 50% probability of a pause. The yield curve has steepened marginally with the 5yr G-sec yield down by 10-11bps and the 10 yr yield down by 6-7 bps. Key Points
mintIndia bond yields may dip tracking US peers, RBI policy key
The 10-year benchmark 7.26% 2032 bond yield is expected to be in the 7.28-7.33% range on Wednesday after closing at 7.3142% on Monday. Key Points
FinancialexpressIndia bond yields seen rising tracking oil prices; H1 borrowing plan weighs
The 10-year benchmark 7.26% 2032 bond yield is expected to be in a 7.33%-7.38% range on Monday, after closing at 7.3180% on Friday. Key Points
FinancialexpressTreasury yield curve inverts briefly: Will it impact India's GDP growth in FY24?
The RBI sold 364-day notes at a 7.48% yield, the highest since October 2018, while the 10-year benchmark 7.26% 2032 bond yield saw a high of 7.4728%, and ended at 7.4547% Key Points
mintInvesting in PSU stocks? 5 stocks with decent dividend yield especially when valuations have inched up
When it came to investing on the basis of high dividend yield, it was the PSU stocks which topped the list. But then came the rally in the PSU space and it was not about dividend yield but capital gains. But the fact is that dividend yield is a cushion which will act as cushion as investors chase capital gains. A stock which is currently available at dividend yield close to 5 percent, is not bad for an investor who is keen to have some margin of safety at a time when valuations are extremely high. The reason is, when a correction takes place and the dividend yield of these particular stocks goes above 7 % there is a high probability that there would be some institutional investors who would pick it up again for dividend yield more than anything else. Key Points
Economic Times
India 10-year yield posts first quarterly rise in 5 on rising oil, US peers
Indian government bond yields rose on Friday, with the benchmark yield posting its first quarterly rise in more than a year on the back of a relentless spike in oil prices and U.S. yields. Key Points
ReutersSensex crashes 826 points! US bond yields & other factors behind the bloodbath
The 50-pack Nifty slipped below 19,300 mark on 1.35% slide in the index, its BSE counterpart Sensex lost 800 points and gave up the 65,000 mark. Key Points
Economic TimesBack testing high dividend yield stocks, it works in bearish markets; 4 such stocks for tough times
One of the hypotheses of investing in high dividend yield stocks is that dividend yield acts as a cushion in bearish markets and makes them outperform. We back tested four stocks in bearish markets conditions, it works for some. Key Points
Economic TimesIndia's first 50-year bond fully sold on growing insurer demand
The government sold 100 billion rupees ($1.2 billion) of the 2073 bond at a cutoff yield of 7.46%, the Reserve Bank of India said in a statement. Thats lower than the 7.48% forecast in a Bloomberg survey. Investors, including insurers, probably lapped up the paper as they had expressed strong interest before the auction to lock in higher yields to take care of long-term commitments. Key Points
Economic Times10-year US Treasury yield tops 5% for first time since 2007
The run-up in yields on the 10-year Treasury bond, seen as a safe-haven in times of economic uncertainty and a benchmark for borrowing costs around the world, has been driven by investors pricing in stronger U.S. growth as well as fiscal slippage. Key Points
Economic Times
Dividend yield & probability of capital gains: The non-classical combination of income from stock market
Stock price and dividend yields have an inverse relationship but before this inverse relationship kicks in there is a level of equilibrium. Now this level of equilibrium is a subjective level which moves according to the level of risk free interest rate which FD provides. But there is another equilibrium level which mathematical equations don't solve. As an investor one buys’ a stock with 4 percent dividend yield stocks what should be his expected return from capital gains or whether he should have it even. Key Points
Economic TimesFinance ministry sees G-sec yields on downhill trek
The yields on short-term instruments like treasury bills, too, will likely ease, he added. The yield moves in the opposite direction of a bond's price. Key Points
Economic TimesIs it time to lock in money for a longer term in fixed income? Dhawal Dalal answers
“We like the 5-10-year part of the maturity bucket on the yield curve. We believe that the long end is likely to remain stickier depending on the demand-supply dynamic that evolves as we discussed. But at this point of time, the 5-10-year segment looks very attractive from relative liquidity as well as risk-adjusted return perspective.” Key Points
Economic TimesStocks, dollar slip ahead of Fed decision on rates
By Herbert Lash and Tom Wilson NEW YORK/LONDON (Reuters) -World shares slipped on Wednesday, pulled lower by a slide on Wall Street, while Treasury prices rose as investors deemed the U.S. economy was Key Points
ThePrintWall St inches higher, Treasury yields gain as S&P 500 inches closer to record high
By Stephen Culp NEW YORK (Reuters) -U.S. stocks were lifted by semiconductor shares on Wednesday, and the benchmark Treasury yield continued to climb to a more than one-month high amid cooling Key Points
ThePrintU.S. stocks dip, Treasury yield gain as solid data dims rate cut hopes
By Stephen Culp NEW YORK (Reuters) -Wall Street extended its sell-off on Tuesday and the benchmark U.S. Treasury yield rose to its highest level in more than a month as robust economic data reduced Key Points
ThePrintIndian state banks to snap two-month streak of selling govt debt: Traders
These banks, typically the biggest buyers of government debt, have sold bonds worth Rs 14,380 crore ($1.73 billion) on a net basis so far in December, following sales of Rs 8,840 crore in November, clearing house data showed. Key Points
Economic TimesIndia 10-year bond yield logs biggest weekly decline in over 7 months on dovish Fed stance
The benchmark 10-year bond yield ended at 7.1624 per cent, after closing the previous session at 7.1969 per cent. Key Points
mintWall St rallies 1%, yen gains vs dollar; talk of BOJ policy tweak
By Caroline Valetkevitch NEW YORK (Reuters) - Global stock indexes advanced on Monday, with U.S. stocks rallying more than 1% after recent sharp declines, while the yen rose to a two-week high against Key Points
ThePrintIndian bond yields seen lower after RBI’s currency move to aid liquidity, debt buy
The 10-year benchmark 7.26% 2033 bond yield is expected to be in the 6.95% to 7.01% range after closing at 7.0106% in the previous session. Key Points
Financialexpress
RBI to prolong pause, probability of hike small, says ICICI Securities Primary Dealership CEO
ICICI Securities Primary Dealership CEO Shailendra Jhingan believes the Reserve Bank of India (RBI) should ignore the increase in US Treasury yields and instead focus on inflation, with particular attention on food prices. If the Consumer Price Index (CPI), minus vegetables, remains at current levels of 5.2%, Jhingan thinks rates are at the correct level. He also said the market was likely to hold its current policy with a 15-20% chance of a rate hike occurring over the next year. Jhingan advised investors to consider the 10-year and upward part of the government bond yield curve. Key Points
Economic TimesRupee flat, far forward premiums extend decline to 2-1/2-month low
By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee was largely flat on Wednesday as sustained dollar inflows helped ease the pressure from weakness in most Asian currencies. The rupee was at 82.90 Key Points
ThePrintWall St opens lower as yields rise ahead of Powell speech
The Dow Jones Industrial Average fell 52.00 points, or 0.16%, at the open to 33,455.50. The S&P 500 opened lower by 3.53 points, or 0.08%, at 4,284.52, while the Nasdaq Composite dropped 1.34 points, or 0.01%, to 13,217.99 at the opening bell. Powell and Philadelphia Fed President Patrick Hasker will speak at a roundtable discussion, due 11 a.m. ET, with local employers and small business owners on efforts to grow the economy. Key Points
Economic TimesRupee gains for second day tracking Asian peers; premiums inch up
The Indian rupee rose for a second straight session against the U.S. dollar on Tuesday, mirroring similar moves in Asian peers, as risk appetite in the region rose on fresh bets of the Federal Reserve nearing the end of its rate tightening cycle. Key Points
ReutersWeaker BJP in power won't increase borrowing in July budget, says Kotak Mahindra Bank
Budget 2024: A weaker majority for Prime Minister Narendra Modi's alliance may lead to increased welfare spending without the need for additional borrowing, potentially limiting a rise in bond yields, according to a senior executive at Kotak Mahindra Bank . The government is expected to utilize a large dividend from the Reserve Bank of India for welfare schemes, rather than increasing gross borrowing in the upcoming budget. Despite concerns of populist measures, the executive rules out a supply cut in bonds and forecasts the 10-year benchmark yield to remain below 7.10% over the next six months. Key Points
Economic Times
India bond yields seen little changed before state debt sale
The 10-year benchmark 7.26% 2033 bond yield is expected to be in the 6.98% to 7.03% range, after closing at 6.9958% in the previous session, a trader with a private bank said. Key Points
FinancialexpressIndia bond yields crash after RBI surprises with status quo on rates
The 10-year benchmark 7.26% 2032 bond yield was at 7.1987% as of 10:35 a.m. IST, after closing at 7.2750% on Wednesday. Key Points
FinancialexpressDespite rain loss, wheat yield set to cross 160 lakh tonnes, says Agri dept
The total wheat yield in Punjab is expected to cross 160 lakh tonnes in the current rabi season. The state agriculture department has pegged production based on crop-cutting experiments. Key Points
Hindustan TimesWhen World Cup brings a windfall
Hotels are the clear winners with the event falling in the festive and holiday season when demand is usually strong.Occupancies and average room rates are likely to rise in the December quarter. Key Points
mintRupee likely to remain under pressure on rising US yields
The Indian rupee is expected to remain under pressure on Friday after longer maturity U.S. yields reached the highest level this year. Key Points
Reuters
India 10-year bond yield falls to 1-year-low ahead of Fed rate decision
Indian government bond yields declined on Wednesday, in anticipation of a policy pivot from the U.S. Federal Reserve after an expected rate hike. Traders largely expect the central bank to maintain a prolonged pause amid an improvement in inflation outlook and a sharp fall in oil prices. The 10-year benchmark 7.26% 2033 bond yield fell to 7.0500%, its lowest level since April 26, 2022 Key Points
Economic TimesIndia bond yields seen little changed before RBI minutes
The 10-year benchmark 7.26% 2032 bond yield is expected to be in the 7.20% to 7.25% range, after closing at 7.2251% in the previous session, a trader with a private bank said. Key Points
FinancialexpressGlobal stock markets - US shares slip, treasury yields and gold rise
The S&P 500 falls 0.38% at 3,962.27. The Dow Jones Industrial Average loses 0.23% at 32,358.39. The Nasdaq Composite drops 0.79% at 11,676.18 Key Points
mintG-sec prices jump as government trims fiscal deficit, sticks to glide path
Budget News: The finance minister's decision to prefer fiscal prudence over populist measures, which include lower fiscal deficit and market borrowing targets for FY25, were considered anti-inflationary by bond market players, leading to a rally in govt bond prices on Thursday that softened yields. FM said that govt is on track to meet glide path of below 4.5% fiscal deficit target for FY26. Key Points
Times Of IndiaRupee eyes more gains, bond yield seen in narrow range
The rupee broke out of its narrow trading range last week to finish nearly 1% higher at 81.9650 per dollar as foreign investors returned to Indian equities. It was the local currency's best week since the week ended Jan. 13. Key Points
Hindustan TimesRupee may weaken despite broadly positive Asian cues
By Nimesh Vora MUMBAI (Reuters) - The Indian rupee is likely to decline slightly at open on Tuesday, in spite on an uptick on most Asian currencies after a U.S. inflation print reinforced expectations Key Points
ThePrintDollar drifts as markets weigh US rates outlook
By Ankur Banerjee SINGAPORE (Reuters) -The dollar was restrained on Friday by uncertainty over the path of U.S. interest rates, while the yen strengthened after Japan's core consumer price growth Key Points
ThePrintSensex tanks 826 points as US yield hits 5% after 16 years
India Business News: The Sensex fell by 826 points due to global factors and a rise in US 10-year treasury bill yields. The Nifty also lost 261 points. Investors are close Key Points
Times Of IndiaGlobal concerns weigh on Dow Jones, but Indian market remains resilient amidst challenges
Mumbai (Maharashtra) [India], October 21 (ANI): Concerns regarding rising crude oil, yield and gold prices, coupled with the pessimistic sentiment stemming from the Israel-Gaza conflict and geopolitical tensions, have sent the Dow Jones into a turbulent period. US Federal Reserve Chairman Jerome Powell’s dovish statement has contributed to these worries. Show Full Article The US […] Key Points
ThePrintDow Jones tumbles 400 points as August job survey sends shockwaves through Wall Street
International Business News: Stock markets experienced a decline as Treasury yields surged to a 16-year high. The Dow Jones Industrial Average dropped by 1.2%, the S&P 500 decline Key Points
Times Of IndiaAsian shares slip on China worries; U.S. inflation figures awaited
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks lost ground on Thursday, still hurting from China's slip into deflation, with investors particularly cautious ahead of a crucial U.S. inflation Key Points
ThePrintIndia's Adani Enterprises makes first rupee bond market foray since Hindenburg
India's Adani Enterprises (ADEL.NS) has returned to the local corporate bond market for the first time since January when a U.S.-based short-seller's scathing report sparked a rout in the group's securities, but had to pay a higher rate to raise funds. Key Points
ReutersAsian shares stumble as traders sweat on Fed rates
Gold prices steadied on Thursday following a 1% drop in the previous session, with spot gold up 0.3% at $1,945.89 an ounce. Key Points
FinancialexpressWorld stocks dither, bond yields fall as recession worries weigh
By Naomi Rovnick and Kevin Buckland LONDON/TOKYO (Reuters) - Global stocks drifted on Thursday, following skittish trade in the Asian session, as traders awaited crucial U.S. jobs data that may add to Key Points
ThePrintWorld stocks dither, bonds steady as recession worries weigh
By Naomi Rovnick and Kevin Buckland LONDON/TOKYO (Reuters) -Global stocks drifted on Thursday and U.S. Treasury yields hovered near multi-month lows as traders awaited crucial U.S. jobs data that may Key Points
ThePrintGlobal stocks retreat, Treasury yields rise as rate cut optimism fades
By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -Stocks on Wall Street and in Europe fell on Tuesday, along with prices for U.S. and other government debt, as market optimism that the Key Points
ThePrintRupee poised to test record low as oil prices, US yields climb
The Indian rupee is likely to open near its record low levels on Thursday with the surge in crude oil prices and rising U.S. treasury yields expected to hurt the local unit. Key Points
ReutersRupee to fall on surging US yields; 83/USD to be breached without RBI's help
The Indian rupee is expected to decline on Monday on the back of a jump in U.S. yields, which boosted the dollar versus its major peers and Asian currencies. Key Points
ReutersIndia’s 10-year yield posts biggest weekly jump in 4 months on hawkish RBI tone
The 10-year benchmark 7.26% 2033 bond yield ended at 7.0356%, highest since May 10 and after closing at 7.0224% in the previous session. Key Points
FinancialexpressIndia bond yields tad down at start of week with few triggers
The 10-year benchmark 7.26% 2033 bond yield was at 7.1384% as of 10:00 a.m. IST on Monday, after ending at 7.1556% in the previous session. Key Points
Financialexpress
Stock market today: Rupee gains, bond yields drop after dovish US Federal Reserve
The US dollar index, which measures the greenback against a basket of currencies, fell 0.34% to 102.52. The yield on 10-year US Treasuries fell below 4% for the first time since August as the Treasury market saw its biggest one-day rally on Wednesday. Key Points
mintStocks plunge on US bond yields surge, escalating Israel conflict
The Nifty and Sensex fell by more than a percent each, breaching key supports, while the Nifty Midcap 150 and the Nifty Smallcap 250 indices slumped 2.7% and 3.79% each Key Points
mint6 things that changed for the stock market overnight - Gift Nifty to spike in US treasury yields
The Asian markets fell to a 11-month low following overnight selloff in US stocks after resilient US economic data led Treasury yields to fresh highs. The US 10-year Treasury yields reached above 4.75%, while the 30-year yield traded near the highest level since 2007. Key Points
mintGovt bond yields hit 3-week high at 7.16% on US rate concerns
Yield on the 10-year benchmark bond settled at 7.16% on Friday, four basis points higher than its previous close and the highest closing level since July 7, Bloomberg data showed. Bond prices and yields move inversely. One basis point is 0.01 percentage point. Key Points
Economic Times