Bond yields tad higher as oil prices recover, GDP data eyed
2 years ago

Bond yields tad higher as oil prices recover, GDP data eyed

Live Mint  

Indian government bond yields ended marginally higher on Tuesday as recovery in global crude oil prices weighed on investor sentiment while some traders also trimmed holdings ahead of the GDP data due on Wednesday. The benchmark 10-year government bond yield ended at 7.2791%, after closing 3 basis points lower at 7.2736% on Monday. Oil prices rose by over 2% on Tuesday, breaking a four-session losing streak, on hopes that China would relax its COVID-19 controls after protests against the country's zero-COVID strategy. "However, in today’s auction, the 10-year and longer-tenure papers saw comparatively lower demand as I don’t think long-term investors are actively looking to invest at these yields.

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History of this topic

India, US bond yield spread at near 2-decade low, may impact foreign flows
6 days ago

India, US bond yield spread at near 2-decade low, may impact foreign flows

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 19 - Spreads between India and U.S. bond yields plummeted to their lowest levels in nearly two decades in the aftermath of the Federal Reserve delivering a hawkish rate cut at the end of its policy meeting on Wednesday. U.S. yields surged while the slower pace of rise of Indian yields led to a tighter …

India bond yields seen a tad higher ahead of debt supply
1 week, 5 days ago

India bond yields seen a tad higher ahead of debt supply

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 13 - Indian government bonds are expected to rise marginally in early deals on Friday, as market participants await a fresh supply of debt through the weekly auction, while elevated U.S. yields will continue to weigh on sentiment. New Delhi aims to raise 370 billion rupees through the sale of bonds later in the day, …

India’s 10-year bond yield may fall to 6.6% if RBI eases in Feb, ICICI Bank’s Prasanna says
1 week, 6 days ago

India’s 10-year bond yield may fall to 6.6% if RBI eases in Feb, ICICI Bank’s Prasanna says

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 11 - Indian government bond yields may trend in a narrow range in the near term, but the benchmark bond yield could ease to levels seen three years ago if the central bank cuts interest rates in its next policy meeting, the treasurer at ICICI Bank said. Going into the next year, if there is …

Foreign investors buy $1 billion of Indian bonds on bets of policy easing after GDP data
2 weeks, 5 days ago

Foreign investors buy $1 billion of Indian bonds on bets of policy easing after GDP data

Live Mint  

Foreign investors have stepped up buying of Indian government bonds in the last four sessions, after weaker-than-expected economic growth data last week spurred expectations of monetary policy easing by the central bank. Foreign investors heavily sold bonds for most of November, as U.S. yields remained elevated after Donald Trump's victory in the presidential election raised doubts about the Federal Reserve's …

Indian bond yields inch higher on profit taking; debt sale eyed
3 weeks, 1 day ago

Indian bond yields inch higher on profit taking; debt sale eyed

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 3 - Indian government bond yields moved marginally higher in early trading on Tuesday, as traders cashed in profits from a two-session price rally after weaker-than-expected economic growth data, while a fresh debt supply was in focus. The yield declined by 10 basis points since data on Friday showed India's economic growth slowed much more …

India 10-year bond yield hits 2-month low on growing policy easing bets
Trending News
3 weeks, 2 days ago

India 10-year bond yield hits 2-month low on growing policy easing bets

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 2 - Indian government bond yields continued to dip, extending Friday's trend at the start of a new week, as weaker-than-expected economic growth data spurred bets on a monetary policy easing. The Reserve Bank of India's monetary policy committee is set to meet this week, and is expected to make a decision on Friday. "It …

India bond yields to track US rates; downside largely capped
4 weeks, 1 day ago

India bond yields to track US rates; downside largely capped

Live Mint  

By Nimesh Vora MUMBAI, Nov 26 - Indian bond yields are likely to open little changed on Tuesday following the dip in the previous session, with traders keeping an eye on U.S. Treasury yields. The benchmark 10-year bond yield is expected in a 6.81%-6.84% range, having dipped about two basis points on Monday to 6.8226% largely due to a dip …

India bond yields may drop tracking decline in US rates
Trending News
1 month ago

India bond yields may drop tracking decline in US rates

Live Mint  

By Nimesh Vora MUMBAI, Nov 25 - Indian government bond yields may dip at open on Monday, tracking a decline in U.S. rates, while traders wait for data on how Asia's fourth-largest economy fared in the last quarter due later in the week. The 10-year U.S. Treasury yield dropped six basis points in Asia trading, after U.S. President-elect Donald Trump …

India rupee to gauge portfolio flows, bond yields to eye US peers
1 month ago

India rupee to gauge portfolio flows, bond yields to eye US peers

Live Mint  

By Dharamraj Dhutia and Jaspreet Kalra MUMBAI, Nov 25 - The Indian rupee will track portfolio flows this week as a global equity index rejig comes into effect, amid foreign portfolio outflows from local stocks and bonds, while government bond yields will track U.S. Treasuries. U.S. personal consumption expenditure data, due Wednesday, will also be in focus this week to …

India bond yields inch up ahead of debt sale on Friday
1 month ago

India bond yields inch up ahead of debt sale on Friday

Live Mint  

By Dharamraj Dhutia MUMBAI, Nov 21 - Indian government bond yields trended marginally higher in early deals on Thursday as U.S. yields stayed elevated, while market participants awaited fresh supply through a weekly debt auction on Friday. New Delhi will sell benchmark bond worth 220 billion rupees, which will help increase liquidity and trading in this paper, as well as …

India bond yields marginally down on value buys, fresh cues awaited
1 month, 1 week ago

India bond yields marginally down on value buys, fresh cues awaited

Live Mint  

By Dharamraj Dhutia MUMBAI, Nov 18 - Indian government bond yields trended slightly lower in early deals at the start of another holiday-truncated week amid value purchase from investors after yields rose last week. Meanwhile, U.S. Treasury yields edged higher on Friday and remained elevated during Asian hours as strong U.S. retail sales data and import prices lowered bets of …

India rupee to lean on central bank help; bonds to track US peers
1 month, 1 week ago

India rupee to lean on central bank help; bonds to track US peers

Live Mint  

By Dharamraj Dhutia and Jaspreet Kalra MUMBAI, Nov 18 - The Indian rupee will rely on the central bank's help to counter headwinds this week, as the possibility of slower Federal Reserve interest rate cuts and expectations surrounding Donald Trump's policies boost the dollar and U.S. bond yields. A sharp rise in the dollar and elevated U.S. bond yields since …

Foreign investors sell nearly $1 billion of JPM index-linked Indian government bonds in Nov
1 month, 1 week ago

Foreign investors sell nearly $1 billion of JPM index-linked Indian government bonds in Nov

Live Mint  

By Dharamraj Dhutia MUMBAI - Foreigners have sold 82.1 billion rupees of Indian government bonds, which are part of the JPMorgan index, so far in November, according to clearing house data on Thursday. "Foreign inflows will likely wait for U.S. yields and dollar index to stabilise before reverting to its pre-October pace," said Nitin Agarwal, head of trading at ANZ …

Indian bond yields rise ahead of domestic, US inflation data
1 month, 1 week ago

Indian bond yields rise ahead of domestic, US inflation data

Live Mint  

Mumbai:Indian government bond yields ended slightly higher after a range-bound trading session on Monday, with investors awaiting domestic and U.S. inflation data for clues on the outlook for interest rates. Data due on Tuesday is expected to show that India's retail inflation climbed to a 14-month high of 5.81% in October, primarily due to higher vegetable and edible oil prices. …

India bond yields may inch higher ahead of over $4 bln state debt sale
3 months, 4 weeks ago

India bond yields may inch higher ahead of over $4 bln state debt sale

Hindustan Times  

By Dharamraj Dhutia India bond yields may inch higher ahead of over $4 bln state debt sale MUMBAI, - Indian government bond yields may open a tad higher on Tuesday, as traders brace for higher-than-expected supply from states later in the day, while U.S. Treasury yields remained largely unchanged. "With global factors going quite, focus will once again shift to …

Rupee eyes more gains, bond yield seen in narrow range
1 year, 9 months ago

Rupee eyes more gains, bond yield seen in narrow range

Hindustan Times  

The Indian rupee is set to keep up its momentum this week as a rebound in equity inflows supports sentiment, while government bond yields are expected to take major cues from moves in U.S. yields and remain in a thin range. The rupee broke out of its narrow trading range last week to finish nearly 1% higher at 81.9650 per …

Rupee, bond yields seen in narrow range as 2022 ends
1 year, 11 months ago

Rupee, bond yields seen in narrow range as 2022 ends

Live Mint  

The Indian rupee and government bond yields are expected to trade in a narrow range amid thin volume this week, the last of 2022, due to the lack of major triggers, with the rupee also likely to continue to benefit from the central bank's support. Indian government bond yields, too, may remain largely rangebound in thin trading volume as the …

Indian bond yields rise ahead of Friday’s debt supply, hawkish policy weighs
2 years ago

Indian bond yields rise ahead of Friday’s debt supply, hawkish policy weighs

Live Mint  

Indian government bond yields ended higher for a fifth consecutive session, as sentiment remains cautious after a hawkish monetary policy and traders await fresh supply of debt through a weekly auction on Friday. "Bond yields have adjusted to the monetary policy, and will now react to inflation data prints next week as well as Federal Reserve's policy decision," said Soumyajit …

Indian bond yields seen lower tracking fall in oil, U.S. yields
2 years ago

Indian bond yields seen lower tracking fall in oil, U.S. yields

Live Mint  

Indian government bond yields were expected to open lower on Thursday, tracking a slump in oil prices as well as U.S. yields. "After the relatively hawkish monetary policy, there should be some respite as oil and U.S. yields both easing bodes well for local bonds," the trader said. Meanwhile, oil prices continued their downward momentum, with the benchmark Brent crude …

India 10-year bond yield posts steepest drop in 32 months as inflation eases
2 years ago

India 10-year bond yield posts steepest drop in 32 months as inflation eases

Live Mint  

Indian government bond yields slid in November, with the benchmark yield posting its steepest monthly fall in 32 months, as easing domestic and U.S. inflation raised bets that the aggressive rate-hike cycle in both nations may be near its end. "Market participants are not at all worried about another 50 bps rate hike, and things changed after softer inflation reading," …

Bond yields little changed after recent fall, Friday’s debt sale eyed
2 years, 1 month ago

Bond yields little changed after recent fall, Friday’s debt sale eyed

Live Mint  

Indian government bond yields ended little changed on Thursday, amid consolidation after the recent fall, while traders now await a fresh supply of debt via weekly auction on Friday. The benchmark Indian 10-year government bond yield ended at 7.2808%, after closing at 7.2736% on Wednesday. Bond yields eased earlier in the session, following a drop in U.S. yields and oil …

Foreign investors sell $500 million of India govt bonds in two days
2 years, 1 month ago

Foreign investors sell $500 million of India govt bonds in two days

Live Mint  

Foreign investors have sold Indian government debt worth nearly $500 million in the past two sessions, with the so-called FAR bonds bearing the brunt of a selloff that traders note is ahead of the Federal Reserve's policy decision and crucial U.S. data. These investors have net sold bonds worth ₹4,110 crore over Friday and Monday, CCIL data showed, with more …

Indian government’s 1-5 year bonds ripe for medium-term gains; should you invest?
2 years, 1 month ago

Indian government’s 1-5 year bonds ripe for medium-term gains; should you invest?

Live Mint  

- Indian government bonds with a one- to five-year tenure are primed for medium-term gains at current levels, a fixed income official at LIC Mutual Fund said. The rate hikes and tight liquidity conditions are already discounted, especially at the shorter end," said Marzban Irani, chief investment officer – debt at LIC Mutual Fund. The spread had turned negative towards …

3-Year Bond Yields Lowest In Over A Month: What It Means, What Investors Should Do
2 years, 5 months ago

3-Year Bond Yields Lowest In Over A Month: What It Means, What Investors Should Do

News 18  

India’s benchmark 10-year bond yield on Monday fell to its lowest level since May 27 to 7.355 per cent. A market expert said the ease in bond yield is a positive news for the economy and the markets as the rising bond yields raises the companies’ cost of borrowing. Motilal Oswal said that if the bond yields go up then …

India’s 10-yr bond yield hits 2-year high tracking US peers, crude
2 years, 11 months ago

India’s 10-yr bond yield hits 2-year high tracking US peers, crude

Live Mint  

India's benchmark 10-year bond yield hit a two-year high on Monday, tracking an uptick in U.S. yields and a continued rise in global crude oil prices which has raised expectations of rate increases by the Reserve Bank of India. India's benchmark 10-year bond yield rose 6 basis points from Friday's close to 6.64%, its highest since Jan. 22, 2020. The …

Why the Indian economy may be seeing green shoots of recovery
3 years, 4 months ago

Why the Indian economy may be seeing green shoots of recovery

India Today  

When times are gloomy, a sliver of good news ought to be celebrated. CENTRE, STATES CAN CUT INDIRECT TAXES ON PUMP PRICES: RBI But even as high frequency indicators are looking up, the Reserve Bank of India chose to focus on the increase in input prices across manufacturing and services sectors while making a case for reduction in indirect taxes …

India’s 10-year yield spikes as RBI bond-purchase results disappoint
3 years, 8 months ago

India’s 10-year yield spikes as RBI bond-purchase results disappoint

Live Mint  

The benchmark 10-year bond yield elevated on Thursday to its highest level in a week as the outcome of the first tranche of the Reserve Bank of India's bond-purchase programme disappointed traders while inflation concerns also weighed. RBI purchased ₹25,000 crore worth of bonds under G-SAP or government securities acquisition programme, under which it has committed to buying ₹1 trillion …

Surge in bond yields could drive growth off track: RBI
3 years, 9 months ago

Surge in bond yields could drive growth off track: RBI

Live Mint  

The Reserve Bank of India on Friday warned that rising bond yields could undermine the fragile global economic recovery, rendering most economies unable to tolerate high interest rates. In its latest currency and finance bulletin, RBI also pointed to the stubbornly high yields in the Indian bond market, cautioning that rising yields could prompt central banks to boost bond-buying. The …

Bond investors see RBI curbing yields amid India’s supply deluge
3 years, 10 months ago

Bond investors see RBI curbing yields amid India’s supply deluge

Live Mint  

India is set to sell another Rs260 billion of bonds on Friday amid rising expectations that the central bank will step into the market to keep yields from rising too far. Surprise demand at a special auction of government debt on Thursday spurred talk that state-run banks and primary dealers were scooping up bonds to sell to the Reserve Bank …

RBI pushes yield on 10-year G-secs back to below 6%
3 years, 10 months ago

RBI pushes yield on 10-year G-secs back to below 6%

Live Mint  

The Reserve Bank of India on Thursday forced down yield on the 10-year benchmark bond below 6% in a special auction of government securities, smoothening the government’s massive borrowing programme. The ‘others’ category, which typically includes the monetary authority, insurance and pension funds, bought ₹25,000 crore of bonds in the secondary market, its biggest purchase, according to Clearing Corporation of …

Treasury bill yields rise in India after RBI’s cash move
3 years, 11 months ago

Treasury bill yields rise in India after RBI’s cash move

Live Mint  

India’s Treasury bill yields rose at an auction after the central bank took the first step toward paring back on some of its pandemic relief measures. The 190 billion rupees sale was the first sovereign auction since the Reserve Bank of India said late on Friday it plans to drain cash via a reverse repo operation. “After today’s T-bill auction, …

India’s bond market is bracing for liquidity vigilance from regulator
4 years ago

India’s bond market is bracing for liquidity vigilance from regulator

Live Mint  

The Reserve Bank of India’s rate-setting committee would make public its vote on interest rates and policy stance on Friday. “On Friday, if we see some statement around liquidity, yields would move up some more,” said a bond trader, requesting anonymity. “The MSS would reduce the liquidity surplus and create room for RBI to conduct OMO purchases,” wrote Anubhuti Sahay, …

India’s bond rally unlikely to lure global funds: PineBridge
4 years, 3 months ago

India’s bond rally unlikely to lure global funds: PineBridge

Live Mint  

The gains in Indian bonds sparked by the central bank’s measures to ease the market’s debt-supply burden will peter out soon and foreigners are unlikely to buy unless government finances improve, according to PineBridge Investments. “The gap in the government’s budget needs to be filled for foreign investors to return over the long-term,” said Anders Faergemann, a London-based senior money …

RBI rides to rescue, unveils steps to cool rising bond yields
4 years, 3 months ago

RBI rides to rescue, unveils steps to cool rising bond yields

Deccan Chronicle  

Mumbai: In a bid to cool rising bond yields and maintain market stability in the financial system, the Reserve Bank of India on Monday announced a slew of measures including two more tranches of special open market bond operations or ‘Operation Twist’ and additional term repo operations of Rs one lakh crore at a floating rate basis. The central bank …

India bonds climb as RBI resumes operation twist to cool yields
4 years, 3 months ago

India bonds climb as RBI resumes operation twist to cool yields

Live Mint  

India’s central bank will resume its Federal Reserve-style Operation Twist after weak demand at two successive auctions and inflation concerns drove up yields. “This was expected given the panic response that saw yields surging in the last two sessions after Friday’s auction,” said Pankaj Pathak, debt fund manager at Quantum Asset Management Ltd. in Mumbai. “RBI needs to be more …

India sold so many bonds that it had to retire its benchmark
4 years, 4 months ago

India sold so many bonds that it had to retire its benchmark

Live Mint  

India is selling so many bonds that the market can’t keep up. The government is retiring the current benchmark 10-year debt just two months after it was issued, compared to about 12 months for earlier offerings, to make way for a new issuance. “Earlier the new bond used to be issued only once in a year, now given the huge …

Indian bonds may come under pressure as RBI near end of easing cycle: PineBridge
4 years, 5 months ago

Indian bonds may come under pressure as RBI near end of easing cycle: PineBridge

Live Mint  

Indian bonds may start losing their appeal as the Reserve Bank of India nears the end of its easing cycle, according to PineBridge Investments Asia Ltd. “It is currently not an opportune time to invest in Indian bonds as yields will be back up from the current levels,” said Arthur Lau, head of Asia ex-Japan fixed income at PineBridge. The …

RBI buys so many US dollars that it ends up supporting debt market
4 years, 5 months ago

RBI buys so many US dollars that it ends up supporting debt market

Live Mint  

The Reserve Bank of India has accumulated so many dollars recently that it’s having a knock-on impact on the nation’s sovereign debt market. “The central bank’s FX policy is achieving multiple objectives of augmenting reserves, creating liquidity that’s helping demand for bonds, and at the same time curbing rupee volatility,” said Naveen Singh, head of fixed-income trading at ICICI Securities …

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