TREASURY
Trump's push for lower US interest rates faces setback as borrowing costs climb before midterms
Trump's promise of lower interest rates is under pressure as Treasury yields climb and financial markets move contrary to the administration's economic goals. Higher borrowing costs have impacted households, businesses and the federal government. Inflation concerns and policy uncertainty have kept investors cautious about US debt.
US Treasury undertakes intervention in yen market, FT reports
The United States Treasury intervened in yen exchange rates on Friday. This action supported the Japanese currency through outright purchases by the Treasury. The Federal Reserve Bank of New York conducted a sale of euros. This sale was done to buy yen on behalf of the Treasury. These details were reported by the Financial Times citing familiar sources.
India bonds log first monthly loss in four as surging oil, Treasury yields sting
In July, Indian government bonds faced their first monthly loss after a four-month streak of gains. The surge in oil prices and rising U.S. Treasury yields led to a drop in bond prices, prompting foreign investors to sell off their holdings as the month concluded. Attention now shifts to the Reserve Bank of India's monetary policy decision, with overnight index swap rates experiencing a noteworthy rise alongside yields.
Global Market: Euro zone, US bond yields log biggest monthly rise since March on Middle East inflation concerns
Euro zone and US bond yields recorded their largest monthly increase since March as Middle East conflict concerns renewed inflation fears. Traders pushed back interest rate cut expectations, with Germany’s 10-year yield rising 28 basis points in July and US 10-year Treasury yields advancing 22.5 basis points despite a Friday dip.
Global Market: Weak yen lifts Japan's forex reserve surplus to $31 billion in FY25
Japan posted a 5.06 trillion yen ($31 billion) surplus in its special foreign exchange reserves account in FY2025, the second-highest on record, as a weaker yen boosted returns on overseas assets, particularly U.S. Treasuries.
US issues sanctions on support networks for Iran's Mahan Air; India-based sales agent included
The United States sanctioned six entities and individuals for supporting Mahan Air. These companies acted as general sales agents for the Iranian airline. Mahan Air allegedly aided Iran's Islamic Revolutionary Guard Corps. One sanctioned entity is India-based Skiez Travels and Logistics Private Limited. The Treasury Department aims to cut off such support from the US financial system.
- Go To Page 1
India bonds slip on Fed uncertainty, war worries
On Thursday, Indian government bonds faced a decline for the third consecutive day. The rise in U.S. Treasury yields dampened enthusiasm for Indian debt instruments, while escalating geopolitical tensions from the Gulf region further affected market dynamics. Additionally, concerns about the Federal Reserve's ambiguous interest rate plans placed additional strain on bond prices. Nevertheless, measures from the Reserve Bank of India, which facilitated dollar inflows, offered some respite.
US bond yield is global finance’s Achilles heel: Uday Kotak after Fed meeting
The yield on the 30-year US Treasury bond rose to a 19-year high, according to a Reuters report, as concerns over the Federal Reserve’s commitment to curbing inflation prompted investors to seek greater protection against inflation risks. The 10-year US Treasury yield also crossed 4.70%.
Global Market Today: Asian stocks mixed, bonds slip after Fed decision
Asian stocks fluctuated on Thursday as semiconductor shares declined. Treasury yields reached multi-decade highs following the Federal Reserve's policy decision. Microsoft's cloud growth boosted its stock, while Meta's forecast caused a slide. South Korea implemented measures to stabilize its stock market after a significant rout. Oil prices edged lower amid reports of US air strikes on Iran.
FCNR(B) surge: Inflows through special window to ease banks’ liquidity pressure
In the first quarter of FY27, revised liquidity coverage ratio (LCR) norms came into effect, reducing the assumed run-off rate on deposits from non-financial entities such as trusts, limited liability partnerships (LLPs), and partnerships to 40% from 100% earlier. The change lowered projected 30-day cash outflows for banks, providing flexibility to the LCR mandate.
US Treasury yields rise after three-day fall as oil jumps, Fed decision looms
As oil prices surged, treasury yields took notice, raising inflation worries in the market. Traders are keeping a watchful eye on the Federal Reserve's expected decision to maintain interest rates today. Nonetheless, traders are fully anticipating a hike in September, with a solid possibility of another increase before the year's end.
India bonds slip as oil prices hurt; Fed verdict in focus
On Wednesday, Indian government bonds took a hit due to renewed U.S. airstrikes in the Middle East, escalating tensions in the Gulf region. This escalation has led to a spike in oil prices and increased U.S. Treasury yields. The rising crude prices pose challenges for India's inflation, fiscal health, and current account. Investors can expect high global yields to continue, limiting the potential for rallies in Indian fixed income markets.
Global Market: Warning signals flash red as oil, AI concerns and debt risks rattle investors
Several key market warning indicators are approaching crisis levels now. Elevated oil prices and geopolitical uncertainty fuel inflation concerns for consumers. The powerful artificial intelligence stock rally faces increasing scrutiny over its sustainability. Bond yields remain high, and margin debt has reached record levels. Investors closely monitor these signals for signs of broader financial stress.
South Korean shares rebound from three-month low
South Korean shares saw a rebound on Wednesday after a significant previous day's fall. Investors engaged in dip buying, focusing on domestic chipmaker earnings and major US tech firms. The benchmark KOSPI index experienced a notable increase, recovering from its lowest close in weeks. Chipmaker SK Hynix reported strong quarterly results, while Samsung Electronics also saw gains. Foreign investors were net buyers, contributing to the market's upward movement.
These 7 private and public banking stocks have an upside of up to 29% in one year, according to analysts
Broadly speaking, both private and PSU banks are impacted by what happens to the economy. There might be some difference because of the focus of the loan book, but nothing escapes the broader impact of a bad monsoon, or rising oil prices. If they are behaving differently in the market these days, it is because of valuations, existing ownership, overall fund flows, and the kind of investors putting in the money. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components, earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
India bonds pause rally as large debt supply, Fed decision loom
Indian government bonds ended the day unchanged on Tuesday after a recent rally, as an influx of ten-year notes and the Federal Reserve's policy decision dampened risk appetite. Market participants kept a close eye on oil prices and U.S. Treasury yields for guidance. There is an expectation of a rate increase in September from the Federal Reserve, with geopolitical tensions lingering due to Oman's proposed fees in the Hormuz Strait.
India 10-year bond yield logs biggest plunge in 2 months as oil rally falters
Brent crude prices fell 4% in the previous session and slumped another 9% in Asian trading after the United States and Iran paused fighting. The contract last traded at around $89 per barrel, after surging to $102 last week.
US Stock Market: US investment-grade bond funds see record weekly outflows as inflation fears rattle markets
Investors withdrew a record $7.1 billion from U.S. investment-grade bond funds. Surging oil prices and rising Treasury yields triggered this sharp selloff. High-yield bond funds and leveraged-loan funds attracted modest inflows during the same week. These alternative fixed-income segments are less sensitive to rising yields. The market reflects investor preferences for resilience amid inflation concerns.
US Stock Market: Rising oil prices and bond yields threaten Wall Street rally as Middle East tensions unsettle investors
Rising oil prices and elevated bond yields, driven by Middle East tensions, are raising concerns over the sustainability of the U.S. stock market rally. While strong earnings and AI-driven spending support equities, persistent inflation risks and tighter monetary expectations could pressure valuations and increase near-term volatility.
Stocks mixed as oil prices pause climb but yields hover near highs
Global bond yields remain near multi-decade highs as inflation worries persist. Stock markets found scattered relief as oil prices pulled back on Friday. U.S. Treasury yields stayed near their highest levels since 2007 and 2011. Investors anticipate potential interest rate hikes from central banks globally. Major currencies were steady against the dollar, while the yen weakened significantly.
US hits network of Iranian financier Zanjani with more sanctions
The United States has imposed new sanctions on nine firms and four individuals. These entities are linked to Iranian financier Babak Zanjani and his operations. They are being targeted for their efforts to evade existing American sanctions. Zanjani's conglomerate, Dot One, and associated companies in Turkey and UAE are affected. These actions aim to cut off economic access for Iranian regime elites and facilitators.
India bonds end three-day losing streak but post second straight weekly decline
On Friday, Indian government bonds halted their recent decline, yet they experienced a second consecutive weekly drop. The rising oil prices and increasing US Treasury yields weighed heavily on market sentiment. Meanwhile, foreign investors maintained their bond buying, albeit at a reduced speed, as swap rates surged in tandem with bond yields.
US Stock Market: US Treasury's growing reliance on short-term bills sparks debate over borrowing risks
The US Treasury is increasing short-term bill issuance to meet rising funding needs. This strategy aims to rebuild government cash balances and finance seasonal spending requirements. Analysts express concerns about long-term risks from heavy reliance on short-duration debt. Money market funds are absorbing much of this issuance, though demand may face seasonal pressures. This approach could limit flexibility during future financial emergencies.
Oil shock, Treasury yield spike put Indian bonds under pressure before debt sale
Indian government bonds experienced a decline as oil prices surpassed one hundred dollars per barrel. The benchmark bond yield reached its highest level in five weeks during early trading. Rising oil prices and Treasury yields pressured overnight swap rates higher. Investors anticipate a Federal Reserve rate hike, pushing US Treasury yields upward. New Delhi prepares to raise significant funds through a bond auction later today.
Global Market: US urges BOJ to keep raising rates, flags persistent yen weakness despite narrower yield gap
The US Treasury Department has urged the Bank of Japan to continue raising interest rates. This action aims to control inflation expectations and reduce excessive yen currency volatility. The yen has weakened significantly, reaching a 40-year low against the US dollar recently. Higher prices are impacting Japanese households' purchasing power despite wage gains. Further policy normalization by the Bank of Japan is seen as beneficial.
Dollar rides yield surge as Middle East and trade wars raise inflation stakes
The dollar strengthened against major currencies on Friday. Rising oil prices and new trade tariffs fueled inflation concerns globally. U.S. Treasury yields climbed significantly, reaching multi-month highs. The yen remained near a 40-year low against the dollar. Investors anticipate central bank decisions amid inflationary pressures.
Global Market Today: Asian stocks fall on tech selloff, oil trades above $100
Asian stocks declined following a Wall Street tech selloff and investor doubts about artificial intelligence returns. Oil prices held their gains after closing over one hundred dollars, reaching a May high. Treasuries fell and the dollar strengthened as inflation and interest rate hike concerns grew. US President Donald Trump's threats intensified conflict worries after Houthi militants attacked oil tankers. These events fueled concerns over potential disruptions to global energy supplies.
Updated: Indian bonds fall for third session as oil prices near $100 a barrel
Indian government bonds experienced a decline for the third straight session on Thursday, primarily influenced by escalating tensions in the Middle East, which pushed crude oil prices to nearly $100 a barrel. Additionally, the rise in U.S. Treasury yields dampened market sentiment. Given India's dependency on crude oil imports, this scenario raises concerns over an inflated import bill and the resurgence of inflationary pressures.
Oil prices scorch Indian bonds; rising Treasury yields add to pressure
Indian government bonds declined early Thursday as Middle East tensions escalated. Crude oil prices neared $100 a barrel, and U.S. Treasury yields also rose. Higher oil prices threaten to revive inflation pressures and weaken the Indian rupee. This situation could significantly impact energy-intensive industries and economies. India imports nearly ninety percent of its crude oil requirements.
Load More
