Treasurys gain and yields slip after release of key inflation data

U.S. Treasury yields fell Friday after the Federal Reserve’s preferred inflation gauge matched expectations ahead of the central bank’s monetary policy meeting next week. The yield on the 10-year Treasury fell 6 basis points to 4.193%. The 2-year Treasury yield was last at 4.385%, down more than 5 basis points. Yields and prices have an … Read more

U.S. Treasury yields fall as traders weigh economic data

U.S. Treasury yields declined Thursday as investors sifted through a batch of economic data and prepared for next week’s Federal Reserve meeting. The yield on the 10-year Treasury was down nearly 6 basis points to 4.226%. The 2-year Treasury yield dropped 1 basis point lower to 4.404%. Yields and prices move in opposite directions. One … Read more

Here’s how the election could impact the muni bond market

The first presidential debate between U.S. President Joe Biden and former U.S. President and Republican presidential candidate Donald Trump is projected on a screen projector during a watch party hosted by the Michigan Conservative Coalition in Novi, Michigan, U.S., June 27, 2024.  Emily Elconin | Reuters With interest rate cuts from the Federal Reserve likely … Read more

Bank of India raises Rs 5,000 crore via infra bonds

Bank of India has raised ₹5,000 crore through the issuance of infrastructure bonds, with the state-owned lender receiving bids far in excess of the notified amount for the debt sale. On Thursday, Bank of India sold 10-year infrastructure bonds for a total of ₹5,000 crore at a rate of interest of 7.54%, the lender informed … Read more

U.S. Treasurys react to June consumer inflation data

U.S. Treasury yields tumbled Thursday after the latest inflation data showed a dip last month, suggesting the Federal Reserve could start to lower interest rates this year. The yield on the 10-year Treasury fell 7.4 basis points at 4.205%. The 2-year Treasury yield pulled back 11.9 basis points to 4.511%. Yields and prices move in … Read more

French bond markets calm despite country hitting political gridlock

Supporters of the left wing union, New Popular Front, gather at the Place de la Republique on July 7, 2024 in Paris, France following the defeat of the far-right in France’s legislative elections.  Anadolu | Anadolu | Getty Images Government bond markets in France saw some selling early on Monday, but were fairly muted overall … Read more

10-year Treasury yield falls after unemployment rate rises

Treasury yields dropped on Friday as the latest U.S. jobs report showed an unexpected rise in the unemployment rate. The yield on the 10-year Treasury fell more than 6 basis points to 4.28%. The 2-year Treasury yield declined by nearly 8 basis points to 4.61%. Yields and prices move in opposite directions. One basis point … Read more

Samvardhana Motherson raises $350 million via bonds

Auto parts maker Samvardhana Motherson International has raised $350 million by selling five-year bonds to overseas investors. The issue was priced late Wednesday. The bonds were sold by a subsidiary, SMRC Automotive Holdings Netherlands, and are priced at 140 basis points above the five-year US treasury, currently trading at about 4.30%. After taking into account … Read more

India’s major bond market milestone could prove challenging

NEW DELHI, INDIA – JANUARY 31: A view of Parliament House Building on the first day of the Budget session of Parliament on January 31, 2024 in New Delhi, India. (Photo by Ajay Aggarwal/Hindustan Times via Getty Images) Hindustan Times | Hindustan Times | Getty Images Indian government bonds reached a major milestone on Friday … Read more

India bonds to see billions in inflows on inclusion in JPMorgan index

Residential buildings in Mumbai, India, on Wednesday, June 5, 2024.  Bloomberg | Bloomberg | Getty Images India is set to see billions in inflows into the country’s rupee-denominated government debt market, as state bonds make their debut on JPMorgan’s emerging market index on Friday. This is reportedly the first time Indian government bonds have been included … Read more