Gold Hits Over 3-Week Low as U.S. Yield Spike Rattles Markets

By Ambar Warrick– Gold prices fell to an over three-week low on Thursday as expectations of more Federal Reserve interest rate hikes pushed up U.S. Treasury yields and caused a steep selloff in metal markets.  U.S. Treasury yields are currently at their highest level since the 2008 financial crisis as the prospect of more interest … Read more

Vegetable prices soar as rain hits yield in Himachal

But farmers are not complaining as vegetable prices in Punjab, Haryana, Chandigarh and Delhi are touching the sky owing to the shortage and they are getting remunerative prices, say traders. They say the prices will normalise after Diwali when the vegetables from the north Indian plains will start hitting the market. Currently, consumers are depending … Read more

Govt Bond Yield Surges As US 10-Yr Yield Breaches 4% At Highest Since 2010

By Malvika Gurung — The Indian government bond yield surged almost 1% on Wednesday, following the benchmark US 10-year Treasury yield rallying to its highest level in over 12 years amid concerns of a global economic slowdown intensifying as investors digested the US Fed’s ultra-hawkish monetary tightening policy. India’s rose 0.65% to 7.339% at … Read more

German 10-Year Bond Yield Hits 2% for 1st Time Since 2013 as Euro Falls Further

By Geoffrey Smith — The hit a new 20-year low and bond yields touched 2% for the first time since 2013 as fears of recession and higher interest weighed ever more heavily on sentiment toward Eurozone assets. The euro fell as low as $0.9772, while the 10-year Bund yield consolidated around 1.95% after trading … Read more

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

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