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.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • 49 per cent FDI in defence should pave the way for modernisation

    There is one industrial sector in India that has been kept out of the purview of the normal cycle of investment and production — defence.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Nigavekar

Necessary yet inadequate boost to education

The finance minister, in the very first minutes of his ...

Zehra Naqvi

We must overcome the fear of death

It is the biggest irony that the only thing that’s ...

Dharmendra Khandal

Jawai leopards and locals can coexist peacefully

At first glance, the Jawai landscape seems like a large ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture