Stay updated with breaking news from Bond Yield. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
For instance, in the current scenario, if you deposit your money for 180 days (6 months), you might earn around 5.25% interest annually. However, keeping the same money locked in for 2 to 3 years could earn a higher return of 7% per annum.
Nobody seems to be actually selling and, at the same time, nobody wants to buy big quantities ahead of the general elections. It is a stalemate situation for now
After almost a full month of "surging", the international gold price came to a sharp brake at the end of September. London gold spot price closed at 25.10 US dollars / ounce on October 5, hitting a new low in nearly seven months. Experts interviewed generally said that the current round of gold price decline is a comprehensive impact of factors such as US bond yields, and the weakening of market risk aversion. Despite the "dive" in gold prices, most market participants are still optimistic about the future of gold prices.
The market expert expects benchmark 10-year bond yields to hover between 7.20 percent and 7.45 percent.
RBI MPC: The yield in 10-year benchmark 7.18 percent 2033 bond was trading at 7.2890 percent on 10:50 AM, as against 7.2140 percent close on the previous trading session.