Market move● Neutral for Indian equities
U.S. Long-End Treasury Yields Remain Elevated; Three-Year Auction Awaited
The brief
- Long-dated US Treasury yields remained near multidecade highs
- Investors awaited a three-year Treasury auction amid fiscal, inflation and debt-sustainability concerns
- ICRA sees state borrowing at ₹4.8-5.4 trillion in fourth quarter of FY27
- State borrowing to rise 26% to ₹3.6 tn in Q3 under new issuance strategy: ICRA
- Takaichi pledges fiscal discipline as Japan's debt bill rises
- September GST collections rise 14.7% to ₹2.04 lakh crore
- Centre's fiscal deficit touches 41.9% of full-year target at Aug-end: CGA