The dollar index was flat, while benchmark 10-year U.S. Treasuries hit their highest levels since December 2019 on Friday.
Conducting monetary policy will become more challenging
Since the finance minister's speech, yield on 10-yr paper has jumped 20 bps
How will new tax rules impact crypto investors? How will the domestic defence industry get a fillip? Why are bond yields rising after Budget 2022? Get answers to these questions in today's episode
In a Q&A, he asserts nothing, including a ban on crypto currency, is off the table since the concerns of the financial market are for real
The RBI, which stopped buying bonds to prevent liquidity infusion, may have to support the borrowing again
The Indian bond market on Friday closed at a yield of 6.753 per cent, marginally up from Thursday's 6.746 per cent
Sectorally, the Nifty PSU Bank index jumped a massive 5 per cent on the NSE, while the Nifty Bank and Private Bank indices added about a per cent each
Poor subscriber growth reported late Thursday at Netflix Inc sent its shares plunging 21.8%
Gold prices edged higher on Friday and were set for a second weekly gain, as safe-haven demand and lower US bond yields lifted the metal's appeal
Gold prices edged down on Thursday, hovering near a two-month high, with a weaker dollar countering pressure from higher bond yields
Japan's benchmark 10-year bond yields fell on Wednesday, after the Bank of Japan kept its interest rate targets unchanged
Nifty down 1.07%; sell-on-rise scenario may exist for some time, say experts
High oil prices also feed into inflation, necessitating the central bank to be more hawkish in its monetary policy than it so far it has conducted itself
India's benchmark 10-year bond yield was trading steady on the day at 6.52% by 0655 GMT, after earlier rising to 6.54%, its highest level since Jan. 31, 2020
This raises the prospects of higher lending rates
China's yuan eased against the dollar on its first trading day of 2022, after posting full-year gains for two straight years
Gold prices held steady on Monday as higher US Treasury yields offset safe-haven buying sentiment due to an Omicron-driven surge in Covid cases globally.
Traders are expecting the central bank to come in with some form of support to help the market ahead of the debt sale on Friday
Monday's rise in bond yields was also triggered by the quarter-end selling by mutual funds and other investors, said bond dealers