Treasury heads at the BFSI Insight Summit warned that elevated crude prices, foreign capital outflows and high global yields could keep the rupee and bond markets under pressure
The sharp rise in government bond yields since the Reserve Bank of India's (RBI) October monetary policy review threatens to increase the government's borrowing costs and put pressure on its interest expenditure, potentially squeezing fiscal flexibility, according to experts. Yield on the 10-year benchmark government bond rose to 7.474 per cent on October 23 from 7.193 per cent on October 6, increasing about 28 basis points, according to data compiled by PTI. The rise in yields has been driven by elevated crude oil prices, a spike in global bond yields, tighter liquidity conditions in the Indian banking system and expectations of more interest rate hikes by the RBI, market experts said. "If yields remain elevated, the cost of financing the fiscal deficit will rise, adding pressure on interest expenditure and fiscal flexibility," said V Ramachandra Reddy, head of treasury at Karur Vysya Bank. He said the approximately 30-basis-point rise in government securities yields since the ...
Indian government bond yields rose for a tenth straight week as elevated crude prices and US yields weighed on sentiment, while forex reserves fell $65 billion over six weeks
Treasury income fell at several major banks in Q2FY27 as bond yields climbed, weighing on other income and profits despite growth in net interest income across lenders.
The selling pressure, in fact, has intensified in recent months. After offloading equities worth ₹35,861 crore in September, FPIs sold another ₹47,417 crore through October 12.
Nifty target: Monarch Networth Capital expects the index to hit new all-time highs of 26,000-26,500 within the next 4-5 months, suggesting an upside of 18 per cent from the last close.
Big tech companies known as hyperscalers are willing to pay higher yields, because they're borrowing to fund artificial intelligence investments like data centers and AI chips
Faster rise in US Treasury yields is narrowing the gap, potentially deterring foreign investors and keeping the rupee under pressure
The benchmark 10-year yield rose six basis points after the RBI raised the repo rate to 5.50 per cent and signalled that future action would be a hike or pause
The benchmark 10-year government bond yield hardened by 42 basis points during the quarter, while the five-year bond yield rose by 43 basis points to 6.85 per cent
The 10-year yield was down about 5 basis points on the day at 5.24% after earlier climbing as high as 5.34%.
̌US 30-year Treasury yield hits its highest level since 2002 amid inflation concerns and higher oil prices
The maritime lender received bids worth ₹525 crore at coupons ranging from 7.69 per cent to 8.44 per cent, against its plan to price the 10-year bonds below 8 per cent
The spread between the Sensex's earnings yield and the US 10-year Treasury yield has turned negative and is now at its lowest level in 14 months
Stock market crash: All sectoral indices closed in the red, while India VIX spiked 22 per cent. Banking and financial shares were the top losers.
Asian equities were mixed as investors weighed rising bond yields, West Asia tensions and prospects for US-China talks, while the dollar retained safe-haven support
Sensex today: Analysts at SBI Securities said that the gradual decline in crude oil prices over the last four trading sessions has provided some respite to Asian equities.
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.01 per cent and 0.18 per cent, respectively
Lodha Developers was the top laggard in the Nifty Realty pack following a 7.56 per cent decline. Godrej Properties followed close behind as it declined 7.42 per cent.
The US 10-year Treasury yield is nearing the crucial 5% mark — a level one strategist says could trigger a major stock-market correction. With rising inflation fears