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
The price of 22-carat gold also inched up by Rs 10, with the yellow metal selling at Rs 66,260
The price of 22-carat gold also declined by Rs 10, with the yellow metal selling at Rs 66,540
The benchmark 10-year Indian yield is likely to trade in a 7.16 per cent-7.21 per cent range, following its previous close at 7.1870 per cent, a trader with a primary dealership said
The economy grew at a 3.4% rate in the fourth quarter. The first quarter growth's pace was below what U.S. central bank officials regard as the non-inflationary growth rate of 1.8%
The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 66,240
Stock market preview Friday, April 26: Global cues mixed, but sharp rise in 10-yr US bond yield to 4.73 per cent may weigh on the trading sentiment. Individual stocks to remain in focus on Q4 results.
Spitznagel argues that such a shift would likely take place only when economic conditions deteriorate, creating a challenging environment for markets
Policymakers' preferred inflation gauge - the personal consumption expenditures price index - probably stayed elevated in March, according to data due in the coming week
China doesn't have such inflation worries, but rise in the premium of US 10-year government bond yields over their Chinese equivalents to a record high has sparked concerns over depreciation of yuan
"At some point, as we get more confidence, we will start to normalize policy back to a less restrictive stance, but we don't have to do that in a hurry," Mester said
The central bank seeks to ensure inflation aligns durably and sustainably to its 4 per cent target
Fed policymakers have taken an increasingly cautious tone when they talk about when and how much they might lower borrowing costs
Biden in a statement earlier Wednesday acknowledged the administration had more to do to lower prices
A separate report showed the U.S. initial jobless claims were 211,000 for the week ended April 6, compared with a forecast for 215,000 claims
Geopolitical conflicts are contributing to market instability, prompting investors to flock to assets perceived as safe, such as gold.
European central bankers have been advocating for the Basel Committee on Banking Supervision to agree on requiring lenders to disclose their strategies for meeting green commitments
The price of 22-carat gold declined Rs 10 with the yellow metal selling at Rs 63,610
Optimism soars as slowing US inflation sparks Fed rate cut hopes this financial year
Investors are now betting the US central bank will make that first cut in June