Benchmark bond yield rises 10 bps on hawkish Fed stance

Mumbai, Sep 22 (IANS) The yield on the 10-year benchmark bond rises around 10 basis points on Thursday after the US Federal Reserve raise their policy rate by 75 basis points and hawkish commentary by Fed. The 10-year benchmark 6.54 per cent — 2032 bond yield ended at 7.3878 per cent, as against 7.2525 per … Read more

Fed Outcome: 75 Bps Rate Hike, Target Range Forecasts & Hawkish Prospects

By Malvika Gurung — The US Federal Reserve hiked its by 75 basis points on Wednesday for the third consecutive time, widely at par with the markets’ expectations. The central bank’s officials forecast the target range for the benchmark policy rate to rise to 4.4% by the end of 2022 and reach 4.6% in 2023, … Read more

Strategists Expect Bear Market to Continue as Fed Pivot Now Off the Table, 100 Bps Rate Hike a ‘Possibility’ By

© Reuters. By Senad Karaahmetovic Bloodbath is arguably the best term to describe yesterday’s trading activity in equities. fell nearly 4% to record the worst day since June 2022, while slipped 5.16%. The closed the day 4.32% lower in response to the hotter-than-expected August . Yesterday, a Nomura analyst said that materializing inflation risks suggest … Read more

T-Bills yield rises over 150 bps post RBI starts increasing repo rate

The yield on 91-day treasury bills rose by 1.5997 per cent to 5.6287 per cent, on 182-day yield rose by 1.6674 per cent to 6.0999 per cent, and 364-day yield rose by 1.5027 per cent to 6.3378 per cent. Before the first rate hike by the central bank this year on May 4, yield on … Read more