India 10-year bond yield hits 4-month low on easing inflation outlook

India 10-year bond yield hits 4-month low on easing inflation outlook

MUMBAI – India’s 10-year government bond yield declined in early trade on Monday, falling below the critical 7.15% mark to a near 4-month low, as prospects of lower inflationary pressures powered bullish bets. The 10-year benchmark bond yield was at 7.1350% as of 10:00 a.m. IST, following its previous close of 7.1791%. The yield eased … Read more

SGX Nifty up 229 points; here’s what changed for market while you were sleeping

SGX Nifty up 229 points; here’s what changed for market while you were sleeping

Signs of progress on the $1.9 trillion US Covid rescue plan and easing of US 10-year bond yield may send domestic stocks rallying on Monday. Here’s the breaking down of the pre-market actions: State of the markets SGX Nifty signals gap-up start:Nifty futures on the Singapore Exchange traded 229 points, or 1.58 per cent, higher … Read more