The 10-year Indian government bond yield decreases 0.79% to 6.371 from 6.422 in the week gone by. US 10 year benchmark decreased 23.44% to 1.163 as compared to 1.519 in the previous week.
Indian stock markets crashed due to corona virus, a viral outbreak that began in China will weaken the world economy. Indian and global equity markets will likely fall further over the next few weeks as the world gets a better idea of the extent and impact of the novel corona virus. India release Q3 GDP data, India’s economy grew 4.7% in the December quarter, its slowest pace in nearly seven years, declining further from an upwardly revised 5.1% in the previous quarter, undermining suggestions that the slowdown may have bottomed out.
Globally, US real gross domestic product increased by 2.1 percent in the fourth quarter, unchanged from the estimate provided last month and in line with economist estimates. China’s manufacturing PMI fell to 35.7 in Feb, vs previous 50, expected 46. Non-manufacturing PMI tumbles to 29.6 in Feb, vs previous 54.1.
FII/FPI IN DEBT MARKET
|S&P BSE SENSEX||38297.29||41170.12||6.98%|
|Policy Repo Rate||5.15%|
|Reverse Repo Rate||4.90%|
|Foreign Exchange Reserves (14/Feb. 2020)||$476.092B||$453.00B|
|WPI Inflation YoY (Jan)||3.10%||2.59%|
|Inflation Rate YoY (Jan)||7.59%||7.35%|
|10 yr bond yield||6.371%||6.422%|
|3yr bond yield||5.657%||5.771%|
|1yr bond yield||5.236%||5.408%|
|US 10 yr benchmark yield||1.163%||1.519%|
|07.37 GS 2023||16/04/2023||5.660%||5.660%|
|07.32 GS 2024||28/01/2024||5.850%||5.850%|
|07.17 GS 2028||08/01/2028||6.250%||6.530%|
DISCLOSURE IN PURSUANCE OF SECTION 19 OF SEBI (RA) REGULATION 2014
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