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● Neutral for Indian equities
Fed’s Hammack says public’s inflation expectations could worsen
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Rising US Treasury yields and market pressure
US Treasury yields climbed amid sticky inflation, heavy bond issuance and strong economic activity, with the 30-year yield topping 5.53% and the 10-year reaching a 19-year high. Reports warned of pressure on US stocks and investor confidence and capital inflows in India; the Sensex earnings yield minus the US 10-year yield turned negative, its lowest in 14 months.
Saturday, 26 September
Friday, 25 September
- Fed’s Hammack says public’s inflation expectations could worsen