India's central bank governor told investors on Wednesday to trust the bank to manage the government's massive borrowing programme
In the intra-day trade, the benchmark S&P BSE Sensex tumbled 2,149 points while the Nifty50 index slumped 629 points
A rise in commodity prices has fanned inflation risks, pushing bond yields higher. That apart, the US launched airstrikes in Syria on Thursday, which further dented global mood
Benchmark US Treasury yields held close to a one-year peak hit in the previous session
Airtel has priced $750 million of senior 10.25-year bonds at a yield after adding 187.5 basis points (bps) over the US Treasury, for an implied coupon of 3.25 per cent
(Reuters) - Gold pared some losses after dipping more than 1% earlier on Wednesday, helped by dovish comments from Federal Reserve Chair Jerome Powell, but bullion struggled for traction as elevated U.S. Treasury yields dampened its allure as an inflation hedge.
12-15% allocation is a must to counter volatility in equities
The 10-year and 30-year US Treasury finished at 1.34 per cent and 2.13 per cent, respectively, last week
Sensex down 2.4% in four sessions
Spot gold fell 1.1% to $1,798.46 an ounce
She said passage of the Anti-Money Laundering Act in December would allow the Treasury Department to rework a framework for combating illicit finance that has been largely unchanged since the 1970s
The core infrastructure of financial markets had proven resilient during the high volatility and heavy trading volume around GameStop and other stocks
The U.S. Department of Defense and the Treasury Department did not immediately respond to requests for comment
The order does not authorize securities transactions with subsidiaries of banned Chinese military companies
Personal income tax refunds of Rs 62,231 crore have been issued to over 17.1 million taxpayers. Stay tuned for Latest LIVE news
A group of 16 senators, along with leaders of a group of House centrists, have engaged with the White House on the aid bill.
Yellen will take the lead in the effort to win Congressional support for Biden's proposed $1.9 trillion economic rescue plan, and increasing the federal minimum wage to $15 an hour
Mounting coronavirus cases and caution ahead of the U.S. Federal Reserve's policy meeting this week also dulled appetite for risk
As head of the Treasury, she'll be tasked with shepherding President Joe Biden's $1.9 trillion American Rescue Plan through Congress and overseeing its execution
Yellen's nomination was approved 26-0 in the evenly split committee, with concerns expressed by Republicans about President Joe Biden's ambitious plans