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Top News In 10 Year Yields Today - Breaking & Trending Today
Chadha notes caution pre-election due to US yields, advises good earnings as hedge. Impressed by Britannia, Tata Consumer, Axis, ICICI banks. Favors ICICI, Axis, HDFC, Kotak for growth potential and asset quality in banking sector. ....
Bonds have sold off in recent months on concerns about quickly growing bond supply after the Treasury surprised markets in late July with a higher-than-expected borrowing estimates, and as investors price for the likelihood that the Federal Reserve will hold interest rates higher for longer as economic data remains strong ....
China's holdings of US bonds have hit a 14-year low - but that doesn't necessarily mean Beijing is deliberately shifting away from dollar assets, according to Lloyds Banking Group strategists. ....
Benchmark 10-year yields were on track for their largest daily drop since July, while those on the two-year were on pace for the biggest daily decline since late August. ....
Jobs growth for September were nearly double expectations with nonfarm payrolls increasing by 336,000 for the month, strengthening views that policymakers will need to keep interest rates elevated to cool inflation ....