Asian stocks, dollar tentative as traders assess Fed outlook following rate cut

Asian stocks, dollar tentative as traders assess Fed outlook following rate cut

Global stock markets steadied on Thursday after the Federal Reserve cut interest rates but investors were circumspect after the world’s biggest central bank signalled a measured approach to further monetary policy easing. U.S. equity futures advanced 0.3%, after a uneven session on Wall Street overnight, while shares in Korea and Taiwan led gains in Asia, … Read more

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