Page 7 - Bond Yields
Cost of money
Yields may remain elevated for an extended period
 "Cost of money")
Markets slide on high US yields, West Asia woes; Sensex falls 826 points
The US macroeconomic data in recent weeks reaffirmed the economy's resilience and strengthened expectations of interest rates remaining higher for longer
 "Markets slide on high US yields, West Asia woes; Sensex falls 826 points")
Israel-Palestine war: Markets not pricing in an escalation, says Chris Wood
An immediate fallout of the developments has been on crude oil prices, which are now nearing $94 a barrel (Brent crude), rising nearly 12 per cent from $84 a barrel a fortnight ago
 "Israel-Palestine war: Markets not pricing in an escalation, says Chris Wood")
RBI intervenes to helps rupee from hitting new low amid high US yields
The Indian unit moved in a range of Rs. 83.25 a dollar to Rs. 83.28 per US Dollar for the entire day
 "RBI intervenes to helps rupee from hitting new low amid high US yields")
Sensex slips 248 pts, Nifty near 19,600; Bajaj Auto zooms 6.5%, Nestle 3.5%
Closing Bell on Thursday, October 19, 2023: Bajaj Auto, LTIMindtree, and Nestle India were the top gainers, soaring 6.5%, 6%, and 3.5%, respectively, post their September quarter results
 "Sensex slips 248 pts, Nifty near 19,600; Bajaj Auto zooms 6.5%, Nestle 3.5%")
State borrowing costs to rise in H2 FY24 on hardening of yields: Report
Capital expenditure of 13 major states is expected to grow 29% YoY, says ICRA
 "State borrowing costs to rise in H2 FY24 on hardening of yields: Report")
Cash holdings with mutual funds at 16-month low of 4.8% in September
Fund houses put cash to use despite market uncertainty
 "Cash holdings with mutual funds at 16-month low of 4.8% in September")
Sensex leaps 394 pts, Nifty ends at 19,811; Auto stocks gain most, PSBs dip
Stock market highlights on Wednesday, October 11: The BSE Sensex closed 394 points higher at 66,473 after easing from the day's high of 66,592. The NSE Nifty ended at 19,811, up 120 points
 "Sensex leaps 394 pts, Nifty ends at 19,811; Auto stocks gain most, PSBs dip")
Mutual fund equity buys hit six-month high in September, shows data
The MF industry has not yet released the inflow data for September
 "Mutual fund equity buys hit six-month high in September, shows data")
Beyond the bond market's message
Unlike in the past, when India and other developing markets caught a cold when the US sneezed, the situation is somewhat different now
 "Beyond the bond market's message")
Weekend Bites: RBI kills one bird with one stone, future of 50-over cricket
In which we munch over the week's platter of news and views
 "Weekend Bites: RBI kills one bird with one stone, future of 50-over cricket")
RBI bond sale googly stumps market amid monetary policy status quo
MPC keeps repo rate unchanged; retains growth, inflation forecast
Advance-decline ratio improves in Sept despite FPI pullout, shows data
Despite the S&P BSE 500 Index dipping nearly a per cent in August, the ADR was at 1.11 amid a strong rally in midcap and smallcap stocks
 "Advance-decline ratio improves in Sept despite FPI pullout, shows data")
Unabated FPI selling pulls indices to 1-month low; now eyes on Q2 results
Benchmark indices hit one-month lows on intraday basis
 "Unabated FPI selling pulls indices to 1-month low; now eyes on Q2 results")
Markets in a correction mode: It's your portfolio. Make it large!
The run-up in the markets in these last few months, analysts at HSBC said, has made investors nervous about the markets amid multiple headwinds
 "Markets in a correction mode: It's your portfolio. Make it large!")
US Treasury 30-year bond yield rises 8 bps to hit highest level since 2007
Shorter-maturity Treasury yields had previously reached the highest levels since at least 2007, and extended their climb Tuesday
Banks stare at treasury losses in second quarter as bond yields harden
The yield on the 10-year benchmark government security rose 10 basis points during the quarter to settle at 7.22 per cent on Friday
 "Banks stare at treasury losses in second quarter as bond yields harden")
India-US bond yield spread falls to lowest level in more than 17 years
This makes Indian bonds less attractive to foreign investors
FPIs pull out $1.7 bn in Sept amid rising US bond yields, worst since Jan
The US economy, on the other hand, has remained resilient amid strong consumer spending and a resilient labour market
 "FPIs pull out $1.7 bn in Sept amid rising US bond yields, worst since Jan")
India bond yields dip as investors eye second-half borrowing calendar
The 10-year benchmark 7.18% 2033 bond yield ended at 7.1441% after closing at 7.1541% in the previous session
 "India bond yields dip as investors eye second-half borrowing calendar")
