The massive spike in 2021-22 borrowing target has led to a 31 basis points rally in benchmark bond yields, a report said
Meanwhile, Bitcoin hit a record high on Sunday
The 10-year and 30-year US Treasury finished at 1.34 per cent and 2.13 per cent, respectively, last week
Global debt today stands at $281 trillion
The gap between 10-year and two-year U.S. yields also reached its widest in nearly three years
Apex bank buys nearly Rs 15,000 cr in just the 10-year bonds out of four securities scheduled in the OMO. It may have also intervened in the market
State development loan yields are rising in tandem with Centre's bond yield
Central bank will sell Rs 11,000 cr each of 10-yr and 5-yr bonds on Thursday; Govt has kept Rs 2,000 cr green shoe in each; on Friday, RBI will auction Rs 26,000 cr of bonds as per prior plan
This would indicate that the Reserve Bank is moving towards a new equilibrium for yields, something Governor Shaktikanta Das considers as a "public good"
Rise in interest rates could hit corporate earnings, hinder economic recovery
India will borrow a gross Rs 12 trillion ($164 billion) via bonds in the fiscal year beginning April, Finance Minister Nirmala Sitharaman said on Monday
Higher inflation tolerance will increase risks
Lowest cut-off yield offered for Karnataka's 9-year bond at 6.4746%, highest for Jammu & Kashmir's 10-year SDL at 6.6813%
While not exactly announcing an OMO calendar for secondary-market bond purchases, the OMO size has been doubled to Rs 20,000 crore in each operation
Central bank had planned to buy up to Rs 100 billion ($1.35 billion) worth of six-year to 11-year papers at an open market operation.
As challenges mount, the central bank will need to strike a fine balance between managing the rupee, domestic liquidity and fiscal financing
This is the third straight auction of 10-year bonds that has devolved, leaving the market perplexed
The "risk-free" yield on 10-yr g-sec is a threshold for investors. If its softens, investors get into riskier assets like equities. If it hardens, they settle for attractive risk-free rate on offer
Rupee closes at 72.87 a dollar, up 1.03% from previous close of 73.62. The 10-year bond yields shed 18 bps to close at 5.942 per cent from previous close of 6.117 per cent
Avoid venturing into funds whose average maturity exceeds three-four years