Join our Whatsapp channel KARACHI: The State Bank of Pakistan( SBP) on Wednesday slashed treasury bill( T-bill) yields by up to 39 basis points, signalling possible room for a policy rate cut in the upcoming monetary policy meeting scheduled for July 30. Despite maintaining the benchmark interest rate at 11pc since May, the central bank’s latest T-bill auction reflects a shift in market sentiment, with expectations rising for monetary easing amid falling inflation and modest economic growth. The

10-yr bond yield logs biggest weekly fall Indian government bond yields fell sharply on Friday, with the bench-mark yield posting its biggest weekly decline in over 7 months after the US Federal Reserve struck a dovish tone at its policy meeting earlier this week.... The yield ended over 10 basis points lower for the week, its biggest decline since the week ended May 5.... Meanwhile, the yield on the euro area’s bench-mark Bund dropped close to a nine-month low after weak economic data....

CHICAGO, March 22( Xinhua)--Gold futures on the COMEX division of the New York Mercantile Exchange fell on Tuesday as U.S. treasury yields rose sharply. The most active gold contract for April delivery fell 8 U.S. dollars, or 0.41 percent, to close at 1, 921.5 dollars per ounce. Federal Reserve Chairman Jerome Powell said Monday at the economic conference of the National Association for Business Economics that policy makers could deliver half percentage point rate hikes at future meetings, fueli

CHICAGO, Jan.... 29( Xinhua)--Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday as the U.S. Treasury's bond yields fell. The most active gold contract for April delivery rose 8.50 U.S. dollars, or 0.42 percent, to close at 2, 044.60 dollars per ounce. Escalating tensions in the Middle East further boosted gold's safe-haven appeal. Investors are waiting for cues on interest rate trajectory as the Federal Reserve's monetary meeting will convene this week, and F

CHICAGO, April 6( Xinhua)--Gold futures on the COMEX division of the New York Mercantile Exchange fell on Wednesday as the U.S. Treasury yields strengthened. The most active gold contract for June delivery fell 4.4 U.S. dollars, or 0.23 percent, to close at 1, 923.1 dollars per ounce. The Philadelphia Fed's Patrick Harker said Wednesday in a virtual discussion hosted by the Delaware Chamber of Commerce that the Federal Reserve wants to act" in a way that isn't so aggressive that we risk putting

CHICAGO, June 14( Xinhua)--Gold futures on the COMEX division of the New York Mercantile Exchange fell on Tuesday as the U.S. dollar and U.S. bond yields strengthened. The most active gold contract for August delivery fell 18.3 U.S. dollars, or one percent, to close at 1, 813.5 dollars per ounce. Gold settled at its lowest price level in over four weeks. Traders are also waiting for the decision of the Federal Reserve's two-day monetary meeting which will close on Wednesday as the 8.6-percent an

The yield on the benchmark U.S.10-year Treasury hovered above 3 percent on Wednesday afternoon, as investors continued to assess the impact of inflation.... The yield on the 30-year Treasury note also advanced.... A rising yield is dollar bullish, while a falling yield is dollar bearish....

The yield on the benchmark U.S.10-year treasury topping 2.79 percent on Monday, reaching its highest level in three years.... The yield on the 30-year treasury note also advanced.... A rising yield is dollar bullish, while a falling yield is dollar bearish....

The cut-off yield on the three-month paper decreased 19 basis points to 10.59 per cent while that on the six-month paper went down five basis points to 11. 45pc.... The yield for the 12-month paper stayed unchanged from the Dec 15 auction at 11. 51pc. Yields on government papers rose sharply, especially on three-month instruments that surged 229 basis points, in the Dec 1 auction of treasury bills ahead of a policy rate hike.... That led the SBP to call the sudden jump “ unwarranted ” in its m

Indian government bond yields may dip at open on Monday, tracking a decline in US rates, while traders wait for data on how Asia's fourth-largest economy fared in the last quarter due later in the week.... On Friday, it had inched past 6.85 per cent, a key near-term level.... Overall, the bias" is definitely" for yields to move higher, a fixed income trader at a bank said....