Bond buyback: Bond buyback: Govt proposes, market disposes, over price

Mumbai: A pricing contest is playing out between the Reserve Bank of India (RBI) and sovereign bond traders as the central bank tries to deftly manage the government’s borrowing cost, provide sufficient liquidity to the markets, and ensure that its stance of withdrawing accommodation is not diluted. At a buyback auction of government bonds last … Read more

bonds | Indian bonds: Most clients set up to trade in Indian bonds before index inclusion: JP Morgan

Ahead of India’s inclusion in the JP Morgan GBI-EM Global Index Suite, the majority of the clients of the index have their accounts set up to trade in Indian government bonds, with any “teething issues” related to operational readiness rather than barriers to entering the local market, Gloria Kim, Managing Director, Global Head of Index … Read more

10-year Treasury yield falls after April jobs data

U.S. Treasury yields were lower Monday, continuing a fall after Friday’s April jobs report showed weaker-than-expected payrolls growth and an unexpected tick higher in unemployment. The yield on the 10-year Treasury was off 2 basis points to 4.4975%. The 2-year Treasury yield was slightly lower to 4.8056%. Yields and prices move in opposite directions. One … Read more

Series I bond rate is 4.28% through October 2024

Jitalia17 | E+ | Getty Images Series I bonds will pay 4.28% annual interest from May 1 through October 2024, the U.S. Department of the Treasury announced Tuesday. Linked to inflation, the latest I bond rate is down from the 5.27% annual rate offered since November and slightly lower than the 4.3% rate from May … Read more

U.S. Treasury yields fall on key inflation data

The U.S. 10-year Treasury yield fell Friday as traders parsed the closely watched inflation data released earlier in the day. The 10-year Treasury yield slipped around 4 points to 4.667%. The yield on the 2-year Treasury lost almost a basis point to trade at, 4.987%. Yields and prices move in opposite directions and one basis … Read more

Treasury yields are little changed as traders assess fresh inflation data

Treasury yields were flat Thursday as traders parsed through new U.S. inflation data in search of clues on when the Federal Reserve may start cutting interest rates. The 10-year Treasury yield inched up 1 basis point at 4.572%. The 2-year Treasury yield was last at 4.942% after falling by nearly 3 basis points. Yields and … Read more

10-year Treasury yield jumps back above 4.5% after March inflation tops estimates

The 10-year Treasury yield jumped back above 4.5% on Wednesday after March inflation data came in hotter than expected, adding to the likelihood of higher-for-longer interest rates from the Federal Reserve. The yield on the 10-year Treasury was last higher by more than 14 basis points at 4.509%. The yield on the 2-year Treasury was … Read more

10-year Treasury yield jumps after stronger-than-expected jobs report

Treasury yields climbed on Friday after closely watched nonfarm payrolls data for March surged past expectations. The 10-year Treasury yield jumped 6 basis points to 4.371%. The benchmark note on Wednesday briefly touched a new 2024 high of 4.429%. The 2-year Treasury yield was also higher by 8 basis points at 4.719%. Yields and prices … Read more

U.S. Treasury yields in focus as investors track economic data

The 10-year Treasury yield briefly hit a new high for the year on Wednesday, adding to big gains in the previous session as private payroll data surpassed forecasts. The benchmark rate added around 2 basis points to 4.385%. At one point, the yield traded at its highest level back to late November.  The 2-year Treasury … Read more

U.S. Treasury yields in focus as investors assess economic data

The 10-year Treasury note yield jumped Tuesday, adding to its gains from the previous session, as traders reassessed the possibility of the Federal Reserve cutting rates in June. The benchmark rate was up 2.6 basis points at 4.355%. It previously reached its highest level since Nov. 28, briefly breaking above 4.4%. The 2-year Treasury note yield … Read more