The 10-year Indian government bond yield Increases 1.32% to 5.965% from 5.886% in the week gone by. US 10 year benchmark Increases to 20.17% as compared to 0.709% in the previous week.
Crude is gaining ground gradually on decline in inventory, rig count amid improvement in demand.
India’s wholesale price index remained negative in July for the fourth month, showing that the wedge between rising consumer prices and falling wholesale prices persists. A difference in composition in the indices along with supply disruptions in some categories may be causing the divergence. WPI inflation stood at -0.58% in July compared with -1.81% in June, according to data released by the Ministry of Commerce and Industry on Friday. A Bloomberg poll of 19 economists had estimated WPI inflation at -0.54%. CPI inflation, released a day prior, rose to 6.93%, led by higher retail prices of food items and transportation.
Globally, US import prices climbed by 0.7 percent in July after surging up by 1.4 percent in June. Economists had expected import prices to rise by 0.4 percent. US consumer price index climbed by 0.6 percent in July, matching the increase seen in June. Economist had expected consumer prices to rise by 0.3 percent.
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FII/FPI IN DEBT MARKET
|S&P BSE SENSEX||37877.34||38040.57||-0.43|
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|Policy Repo Rate||4.00%|
|Reverse Repo Rate||3.35%|
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|Foreign Exchange Reserves ( 14th August. 2020)||$538.19 b||$534.57 b|
|WPI Inflation YoY (July)||-0.58%||-1.81%|
|Inflation Rate YoY (July)||6.93%||6.23%|
|10 yr bond yield||5.965%||5.886%|
|3yr bond yield||4.872%||4.824%|
|1yr bond yield||3.346%||3.447%|
|US 10 yr benchmark yield||0.709%||0.566%|
|07.37 GS 2023||16/04/2023||4.4500%||4.4700%|
|07.32 GS 2024||28/01/2024||4.8700%||4.7900%|
|07.17 GS 2028||08/01/2028||5.9700%||5.9300%|
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