Bonds gain after recent selloff; await policy

Tags: bonds, News
The benchmark 10-year bonds see some buying interest after recent falls. The 10-year yield down 2 bps at 8.72 percent.

INR moves key to bonds with the currency opening weaker on an Asian sell-off.

Most traders are expecting the central bank to keep key rates unchanged on Tuesday but the tone of the policy will be crucial.

Recent comments from the central bank chief and the monetary policy panel report suggest rates may remain elevated for some time to come.

After a surge in bond buying by foreign funds, they were net sellers of $107.94 million on Thursday, latest regulator data showed.

U.S. Treasuries prices rose on Friday with benchmark yields hitting near two-month lows on safe-haven bids for bonds stemming from worries about tightening credit conditions in China and a looming currency crisis in Argentina.

EDITORIAL OF THE DAY

  • While net neutrality is a noble concept, internet for all is a necessity

    The Telecom Regulatory Authority of India’s directive that no service provider should offer or charge discriminatory tariffs for data services on th

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Arun Nigavekar

Tablets, memory cards for educatioNext

The Commonwealth he­ads of government mee­ting held in Malta last ...

Rajgopal Nidamboor

Try to awaken the archaeologist within

Our mind is far ahead of René Descartes’ famous maxim, ...

Dharmendra Khandal

Urbanisation is costing us our wildlife

The road transport and highways minister Nitin Gadkari aims to ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture