ANALYSIS: What Lies Behind the 15-Year-High in US 10-year Bond Yields?

US Treasury yields have been climbing higher in recent weeks, with the benchmark 10-year yield surging to over 4.9% on Wednesday – its highest level since 2007. This relentless rise in bond yields reflects growing angst in financial markets about several key issues: the Federal Reserve’s monetary tightening path, stubbornly high inflation, bulging government borrowing […]

FII selling in Indian stock markets will stop this month – analysts

The relentless selling of stocks by foreign institutional investors or FIIs is likely to ‘taper off’ by the end of the current month, according to an analysis of FII fund flows into India by Maximus Securities Research. “The FII selling is expected to taper off by end of March’22, After which we expect normal market […]

Jefferies’ Chris Wood warns cryptocurrencies vulnerable to quantitative tightening

Christopher Wood, one of the few analysts to warn the public before the 2007 global financial crisis and head of Equity Strategy at brokerage house Jefferies and bitcoin investor, warned that crypto valuations are vulnerable if the US central bank follows through on its plans to tighten money supplies. Wood, a former journalist who also […]

STIMULUS IMPACT: Maruti Suzuki to go for second price hike in four months

Maruti Suzuki has said that it will go for a round of price increases next month (April), its second in four months. The company had increased prices of its cars and utility vehicles on Jan 18 this year, citing rising commodity costs. “Over the past year the cost of company’s vehicles has been impacted adversely […]

Stock markets likely to find near-term bottom on Tuesday

Stock market indices, including India’s Sensex and Nifty 50, are likely to find their short-term bottom today, after a savage correction on Monday in both the Indian markets as well as US markets. The Dow Jones Industrial Average suffered another massive setback on Monday, dropping by a massive 13% to 20,188. With this, 30-stock US […]

Morgan Stanley calls dollar top, predicts end of Fed balance-sheet normalization

Morgan Stanley Research, part of the MS financial services group, said the US currency has likely peaked already and that the US Federal Reserve is likely to follow a more accommodative monetary policy going forward. Fed Chairman Jerome Powell had softened his stance early this month after his December comments about balance-sheet normalization at the […]

MARKET TURMOIL: RBI, SEBI says ‘closely monitoring’ situation

The Reserve Bank of India and the Securities and Exchange Board of India are “closely monitoring recent developments in financial markets” and are ready “to take appropriate actions, if necessary,” India’s central bank said in a one-line statement on Sunday. The move comes in the wake of what looks to be the beginning of prolonged […]

US Fed unlikely to reverse quantitative easing this year: HDFC Securities

Broking and financial firm HDFC Securities Ltd said it does not expect the US Federal Reserve to start sucking out the liquidity that it has infused into the global financial market in the last nine years any time soon. The comments came in the wake of the release of the minutes of the Federal Open […]

US Federal Reserve likely to raise interest rate in December: Angel Broking

Angel Broking said it believes that the US Federal Reserve is likely to raise policy interest rates starting from December this year. The broking house was responding to the latest move by the US central bank to keep rates steady at its last policy decision before next week’s US Presidential election. “The Federal Reserve has […]