Rising Bond Yeilds
S&P 500 edges down while bond yields rise with gold for a 2nd day
NEW YORK/LONDON (Reuters) - The S&P 500 inched lower on Tuesday after the previous session's gains while Treasury yields rose with gold for a second consecutive day with investors still wary of banks and the economy in the absence of strong positive catalysts.
 "S&P 500 edges down while bond yields rise with gold for a 2nd day")
FIIs turn net buyers; invest $840 million in Indian bonds in 2023 so far
Foreign institutional investors have purchased $840 million worth of Indian bonds so far in 2023. This is a change in the trend as they were net sellers of bonds in the years 2022 and 2021
 "FIIs turn net buyers; invest $840 million in Indian bonds in 2023 so far")
Bonds and rupee gain; US inflation spurs hopes of dovish Fed move
Markets feel that US central bank's aggressive rate hike cycle may be nearing an end
 "Bonds and rupee gain; US inflation spurs hopes of dovish Fed move")
Rupee surges to end at 79.46 vs dollar as MSCI rebalancing spurs inflows
Bond yields fall as HDFC's Rs 10,000 crore debt sale plan propels custodian flows
 "Rupee surges to end at 79.46 vs dollar as MSCI rebalancing spurs inflows")
Banks urge RBI to extend HTM leeway beyond Mar 2023 as bond losses pile up
Bankers have sought permission to park a larger quantum of securities in the portfolio than is currently permitted amid an environment of rising bond yields.
 "Banks urge RBI to extend HTM leeway beyond Mar 2023 as bond losses pile up")
FRAs back in vogue, help insurers in fixed rate of interest for payouts
Forward Rate Agreements enables insurers lock in a fixed rate of interest rate for a future pay out
 "FRAs back in vogue, help insurers in fixed rate of interest for payouts")
Markets posts biggest weekly gain in two months as benchmarks add 3% each
Softening bond yields, moderation in FPI selling boost sentiment; both indices are now up 6% from year's low, but still down over 12% from their record high levels seen last October
 "Markets posts biggest weekly gain in two months as benchmarks add 3% each")
Govt bond yields slide 5 bps over weekend, in tandem with US benchmark
Signs of weakening economic growth worldwide raising questions over the degree of policy tightening by central banks
 "Govt bond yields slide 5 bps over weekend, in tandem with US benchmark")
PNB raises Rs 2,000 crore via AT1 capital bonds at lower rate of 8.75%
Gains from easing bond yields worldwide; better rate comes against indicative yield of 9-9.25%
 "PNB raises Rs 2,000 crore via AT1 capital bonds at lower rate of 8.75%")
Step up buying, ease rates: What BOJ can do for rising Japanese bond yields
Speculation the BOJ could change the target of its yield-curve-control to the five-year note from the 10-year has also pushed the five-year JGB yield to a six-year high and above zero
 "Step up buying, ease rates: What BOJ can do for rising Japanese bond yields")
Stocks stumble again, yields jump on rates outlook; oil rallies
A warning from the largest US bank JPMorgan Chase & Co that its profitability may fall below a medium-term target cast another pall on Wall Street
 "Stocks stumble again, yields jump on rates outlook; oil rallies")
India 10-yr yield sees biggest weekly rise in 6 months; rupee gains
US Treasury yields on most maturities rose overnight as investors prepared for an earlier-than-expected interest rate hike
 "India 10-yr yield sees biggest weekly rise in 6 months; rupee gains")
India 10-year yield at 2-year high; rupee weakens after Fed minutes
The benchmark 10-year bond yield was trading at 6.54%, after touching 6.55% in early trade, its highest since Jan. 31, 2020
With yields hardening, its best to opt for shorter-duration funds
Shorter-maturity bonds in these funds get reinvested at higher coupon rates
 "With yields hardening, its best to opt for shorter-duration funds")
Bond losses seen as RBI's rate setters move toward a hawkish stance
The benchmark 10-year yield will climb to 6.40% by December, while the five-year yield will increase to 5.90%
 "Bond losses seen as RBI's rate setters move toward a hawkish stance")
Indian markets among worst performers globally; experts see more pain ahead
Indian markets: A good tactical strategy in the near-term, according to analysts at Antique Stock Broking, is to allocate investible surplus to the Pharma sector as the coronavirus infection rate is o
 "Indian markets among worst performers globally; experts see more pain ahead")
Be prepared for a volatile phase as risks to markets on a rise: Analysts
Investors, they say, need to keep a tab on how the US treasury yields move, which in turn will have a ripple effect on how big money moves across developed (DMs) and emerging markets (EMs)
 "Be prepared for a volatile phase as risks to markets on a rise: Analysts")
Gold slides to 9-month low as rising bond yields, dollar dim appeal
Progress on the $1.9 trn U.S. stimulus bill has offered little respite, as higher yields have threatened gold's appeal as an inflation hedge by increasing the opportunity cost of holding bullion
 "Gold slides to 9-month low as rising bond yields, dollar dim appeal")
Top headlines: Automatic nod for China FDI, Govt eyes Rs 6,200 cr in AGR
After being relegated to the second spot in the previous two fiscal years, China again became India's biggest trading partner in the first nine months of FY21. Read top stories with Business Standard
 "Top headlines: Automatic nod for China FDI, Govt eyes Rs 6,200 cr in AGR")
High-yield contest in new phase as Indonesia-India spread jumps
Indonesia's 10-year bond yield climbed three basis points on Wednesday to 6.89%, after India's slid 18 basis points the previous day to 5.94%
 "High-yield contest in new phase as Indonesia-India spread jumps")
