Govt bond yields slip on signs of gradual tariff approach from Trump

Quick Summary:

The 10-year benchmark bond yield ended at 6.7373 per cent, the lowest level since Dec.13, as compared with Monday's close of 6.

US rate futures have priced in 43 bps of rate cuts this year, up from 39 bps before Trump's inauguration on Monday.

Apart from this, the focus will also remain on government's federal budget announcement due on Feb 1, which will provide a major directional trigger.

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Category: BusinessFinance

Markets: IndiaCanadaMexico

Topics: Tariff war Bond yields Donald Trump Government bonds

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 19:12:37 (14 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 492 words

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