G-Sec 10-year yields come down 5 bps to 7.39% on Fed signals
The yield on 10-year benchmark government bonds decreased to 7.39% on Thursday, marking the largest fall since July. US Treasury yields eased following comments from the Federal Reserve indicating a less hawkish stance. Oil prices declined modestly, contributing to the drop in bond yields. Forecasts suggest bond yields may rise to 7.70% to 7.75% by December....
Key Takeaways
- The yield on 10-year benchmark government bonds decreased to 7.39% on Thursday, marking the largest fall since July.
- US Treasury yields eased following comments from the Federal Reserve indicating a less hawkish stance.
- Oil prices declined modestly, contributing to the drop in bond yields.
The yield on 10-year benchmark government bonds decreased to 7.39% on Thursday, marking the largest fall since July. US Treasury yields eased following comments from the Federal Reserve indicating a less hawkish stance. Oil prices declined modestly, contributing to the drop in bond yields. Forecasts suggest bond yields may rise to 7.70% to 7.75% by December. The rupee remained almost unchanged, closing at 95.26 due to several market factors.
Original Publisher Attribution
This summary was curated from Economic Times.