Bond Traders Await Rs 32,000 Crore Debt Supply

Rupee bond traders will watch if a 320b rupee bond sale on Friday will dampen a rally in the nation’s debt this week that was led by short-covering and demand from banks. 10-year yields fell 5bps to 7.11% on Wednesday, they’re down 11bps so far this week USD/INR dropped 0.4% to 76.2100 on …

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Gold Rate Today

Russia is Dumping Its US Bonds for Gold, But Where Is It Storing Its Bullion?

Gold Silver Reports (GSR) – Russia’s gold reserves rose to 1,944 tons as of June 2018, up from less than 500 tons just a decade ago. The holdings, amounting to over 17 percent of Russia’s total foreign reserves, were shored up in part by offloading some $77 billion worth worth of its US Treasury bills, bonds and notes over the last six months or so.                        

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Bonds Poised To Fall On Surge In Oil Prices

Gold Silver Reports (GSR) – Bonds Poised To Fall On Surge In Oil Prices – Indian bonds are poised to fall as a surge in global crude oil prices spurs concern that inflation will accelerate………. Crude Oil prices jumped on Tuesday as the U.S. pressed allies to end all imports of Iranian oil by a November deadline and said it didn’t want to offer any extensions. The 10-year bond yield climbed for a third day yesterday, rising 1 basis point to 7.83 percent……….

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Bonds Headed For Best Week In 11

Gold Silver Reports (GSR) – Bonds Headed For Best Week In 11 — Indian sovereign bonds are headed for their best week in 11 helped by the central bank’s open market operation and the minutes of its last meeting which signaled that future rate hikes will be data dependent.

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Rise In U.S. Real Rates Could Dent Flows To EMs: Priya Mishra On Rising U.S. Bond Yield; Rupee Opens Higher Against U.S. Dollar

Gold Silver Reports (GSR)  – Rise In U.S. Real Rates Could Dent Flows To EMs: Priya Mishra On Rising U.S. Bond Yield, In an exclusive conversation, Priya Misra of TD Securities said continued rise in U.S. real rates could dent flows to emerging markets.

✅ Rise in real rates responsible for rising yields

✅ Rising deficit putting pressure on rates in U.S.

✅ Treasury supplies to double in 2019

✅ Rise in real rates to hurt U.S. economy

✅ Spread between U.S. and German bonds to compress     

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R Sivakumar Of Axis Mutual Fund On Rising Bond Yield

R Sivakumar Of Axis Mutual Fund On Rising Bond Yield ✅ RBI MPC minutes hawkish, against market expectation ✅ Housing inflation, MSPs key worries for RBI currently ✅ More than oil price, continuing downfall in rupee will add to RBI’s concerns ✅ Expect 10-year bond yield to cap down at current levels