US Treasuries

Markets slashed bets on a 50-basis-point rate cut at the Federal Reserve's next policy announcement on Nov. 7 - which had been above 50 per cent a week ago

The deficit for the first 11 months of the 2024 fiscal year reached $1.897 trillion, a 24 per cent increase from a gap of $1.525 trillion in the year-ago period

The numbers tell the story. Last year, investors pocketed nearly $900 billion in annual interest from US government debt, double the average over the previous decade

Market participants said that the 7.12 per cent yield on the benchmark bond faces technical resistance and it might sustain as long as US yields do not surge further

An immediate fallout of the developments has been on crude oil prices, which are now nearing $94 a barrel (Brent crude), rising nearly 12 per cent from $84 a barrel a fortnight ago

Closing Bell on Thursday, October 19, 2023: Bajaj Auto, LTIMindtree, and Nestle India were the top gainers, soaring 6.5%, 6%, and 3.5%, respectively, post their September quarter results

U.S. Treasury yields continued to slide, pinning the dollar close to two-week lows as markets digest recent comments from policymakers that the Fed may not need to tighten monetary policy further

Federal Reserve policymaker Neel Kashkari said on Monday that, given the strength of the U.S economy, interest rates should probably rise again and be held "higher for longer"

Finance Minister Nirmala Sitharaman on Friday held a bilateral meeting with US Treasury Secretary Janet Yellen and discussed G20 priorities. The bilateral meeting took place a day ahead of the G20 Leadership Summit beginning on Saturday here. "FM Smt. @nsitharaman and Secretary Ms. @SecYellen discussed key #G20 priorities and bilateral cooperation between the two democracies to address pressing global economic and financial issues," the finance ministry said in a post on X (formerly Twitter). Yellen on Thursday had said Russia's war against Ukraine has led to the needless loss of lives and stands in direct contradiction to everything the G20 stands for. "We will rally our partners to maintain our collective economic support for Ukraine as well as impose severe costs on Russia," she had said in a post on X on Thursday. "As @POTUS said last year, India is one of America's indispensable partners. This will be my 4th visit to India in 10 months and our ties are stronger than ever. ...

NEW YORK (Reuters) - The S&P 500 advanced on Thursday and benchmark Treasury yields hit their highest level since early March as robust economic data helped ease recession fears but increased the odds of the Fed keeping its restrictive policy in place for longer than expected.

Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their money. The Federal Deposit Insurance Corporation insures deposits up to USD 250,000, but many of the companies and wealthy people who used the bank known for its relationships with technology startups and venture capital had more than that amount in their account. There are fears that some workers across the country won't receive their paychecks. Yellen, in an interview with CBS' Face the Nation, provided few details on the government's next steps. But she emphasised that the situation was much different from the financial crisis almost 15 years ago, which led to bank bailouts to protect the industry. We're not going to do that again," she said. "But we are concerned about depositors, and we're focused on trying to meet their needs. Yellen tried to reassure Americans that there will be no domino effect afte

Startup sector may be face liquidity issues; exposure of Indian banks to SVB yet to be ascertained

Markets were still reeling from the shock of Friday's jobs report, which showed that non-farm payrolls surged by an eye-watering 517,000 in January, well above expectations

The Treasury Department said on Wednesday it has complied with a court order to make former President Donald Trump's tax returns available to a congressional committee. The Supreme Court last week rejected Trump's request for an order that would have prevented the Treasury Department from giving six years of tax returns for Trump and some of his businesses to the Democratic-controlled House Ways and Means Committee. The court, without dissent, cleared the legal obstacle to disclosure of Trump's tax returns. A department spokesperson said Treasury has complied with last week's court decision but declined to say whether the committee had accessed the documents. The spokesperson declined to be identified by name because of privacy constraints. Trump refused to release his tax returns during his 2016 presidential campaign or his four years in the White House. After the Supreme Court action, Ways and Means Committee Chairman Richard Neal, D-Mass., said in a statement that since the Mag

The 10-year Treasury yield dipped to 3.659%, the lowest since Oct. 5 in Tokyo trading, after Thursday's US Thanksgiving holiday; the two-year yield slipped to a one-week bottom at 4.44%

FPIs buy shares worth Rs 1,345 crore

The benchmark US 10-year Treasury yield hit 3.58%, its highest level since April 2011; Ford sees additional $1 bn in inflationary costs, shares fall

US composite PMI at lowest since February 2021; Zoom tumbles on weak forecast; Macy's shares rise on earnings beat

The benchmark 10-year government bond yield ended at 7.2811%. The yield has risen 9 basis points in last three sessions and had ended at 7.2702% on Monday.

What led to such record outflows? "Rising global central banks' rates, rupee depreciation, expensive valuations and geopolitical risks," says BofA in a note.