10-year bond yield dips to 3-year low as policy easing bets rise

10-year bond yield dips to 3-year low as policy easing bets rise

Indian government bond yields declined in early deals on Wednesday, with the 10-year benchmark yield falling to its lowest level in nearly three years, on growing optimism over the domestic central bank easing interest rates this week. The benchmark 10-year yield was at 6.6928%, as of 10:00 a.m. IST, compared with its previous close of … Read more

SGX Nifty down 188 points; here’s what changed for market while you were sleeping

SGX Nifty down 188 points; here’s what changed for market while you were sleeping

Domestic stocks are likely to take a beating in Friday morning trade, as equity markets the world over have moved lower after Fed Chairman Jerome Powell on Thursday refrained from pushing back against the recent surge in bond yields. Markets were expecting him to signal more bond purchases to hold down longer-term interest rates. Here’s … Read more