US 30-year Treasury yield rose to 5.48%, its highest since 2004, while the benchmark 10-year yield climbed to 5.20%, as the global bond selloff deepened
Over a five- or 10-year view, if I were an Indian mutual fund investor, it makes sense to allocate half of your inflows into small- and mid-cap funds, Wood said.
Stocks to watch today: Shares of Kanohar Electricals, Prasol Chemicals and Glass Wall Systems are slated to list on BSE and NSE today.
In intraday deals, Sensex surged 699.86 points or 0.90 per cent to 77,609.54. Its NSE counterpart, Nifty 50, rose 187 points or 0.77 per cent to 24,265.15, led by gains in banking and IT stocks.
The yield on the 30-year US government bond recently crossed the psychological 5 per cent mark. The yield on 10-year US government bonds has also inched up
KIE flags rising tremors in US debt and dollar that could rattle global markets
Indian markets decline amid US fiscal concerns, rising bond yields and FPI outflows, with Sensex down 645 pts and Nifty 204 pts despite easing volatility gauge
The situation on tariffs is still evolving, but India is relatively well placed due to its low merchandise export dependence
One early test comes Tuesday, when the US government is set to sell $58 billion of three-year securities, followed by 10- and 30-year maturities later this week
US yields surged while the slower pace of rise of Indian yields led to a tighter spread or the interest rate gap between the two countries
A sharp rise in yield spread is a bullish signal for Indian equity but it has been overshadowed by the negative cues in the global markets, said analysts
Category has lower share than before among rated instruments
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month high in April
FPIs trim holdings, await positive signals; experts eye post-Budget opportunities amid election tension
The benchmark 10-year yield is likely to move in the 7.09-7.14% range, following its previous close of 7.1067%
For Mike Johnson it was effectively a Day 1 priority. It's well past time, the newly elected House speaker said in October, to establish a bipartisan commission to tackle the federal government's growing USD 34.6 trillion in debt. "The consequences if we don't act now are unbearable, he said, echoing warnings from his predecessor and other House Republicans. More than six months later, the proposal appears all but dead, extinguished by vocal opposition from both the right and the left. The collapse underscores an unyielding dynamic in Washington, with lawmakers in both parties loath to consider the unpopular tradeoffs that would be necessary to stem the nation's swelling tide of red ink particularly in an election year. Facing the reality that any fiscal commission would almost certainly suggest that Americans pay more or get less from their government, lawmakers have time and again done what they do so well: punt the problem to the next Congress. And they seem poised to do so ..
Stock market preview Friday, April 26: Global cues mixed, but sharp rise in 10-yr US bond yield to 4.73 per cent may weigh on the trading sentiment. Individual stocks to remain in focus on Q4 results.
The rise in yields is fuelled by indications of a robust economy and elevated inflationary pressures
The benchmark 10-year yield is expected to drift in the 7.03 per cent-7.07 per cent range, following its previous close of 7.0274 per cent, a trader with a private bank said.
Scheme to actively manage duration through seven US bond ETFs