Treasuries are losing their moneyness
- The report argues US Treasuries may be losing their long-standing role as both securities and money
NSE close · Thu, 1 OctNifty 5022,421.95▼ 0.88%Nifty Bank54,450.75▼ 0.33%Midcap 10058,732.00▼ 1.01%Smallcap 25017,589.05▼ 1.18%India VIX14.46▲ 7.19%IT28,304.70▲ 2.17%Auto25,384.95▼ 3.46%Pharma26,311.55▼ 0.48%FMCG43,789.85▼ 1.61%Metal12,460.70▼ 2.35%Realty835.00▼ 1.46%Energy36,388.15▼ 0.68%PSU Bank7,937.80▼ 0.98%Financials24,556.10▼ 0.38%Media1,546.30▼ 2.33%Defence9,142.55▼ 1.45%Durables35,927.80▼ 1.91%Biggest movesMONEYVIEW▲ 58.5%MOLBIO▲ 15.6%THOMASCOTT▲ 12.3%AUGMONT▲ 10.0%HEROMOTORS▲ 10.0%VIVIANA▲ 10.0%LOKESHMACH▲ 9.5%ANAWIL▼ 11.0%
Topic
US dollar▼ −41% net tone today
- NaBFID raised $750 million in its debut US dollar bond issuance
- The rupee fell 37 paise to close at 96.31 against the US dollar
- The dollar rose to a three-month high as markets anticipated higher US rates
Stories per day
327 Sept
2328 Sept
3429 Sept
2330 Sept
181 Oct
132 Oct
03 Oct
US dollar reaches 17-month high as global bond rout hits euro
- The US dollar climbed to a 17-month high as global bond yields rose
- Investor anxiety over inflation and rising yields weighed on the euro
- A stronger dollar and higher global yields can weigh on the rupee and Indian equities
Gold slips before US payrolls data, set for second weekly loss
- Gold prices are poised for a second consecutive weekly decline amid a stronger US dollar and rising Treasury yields
- Gold weakness can reduce collateral values for Indian gold-loan lenders
Rupee sinks to 96.31, logs biggest fall in over 2 months
- The rupee fell to 96.3150 against the US dollar, its biggest drop in over two months
- The decline was attributed to escalating US bond yields
- A weaker rupee raises import costs for Indian companies and can weigh on foreign investor returns
Rupee near 97: Rupee faces multi-front pressure; SBI Research calls for immediate protective measures
The rupee is facing multi-front pressure from FPI outflows, stronger dollar demand and a sharp rise in global bond yields, with the currency nearing the 97-per-dollar mark. SBI Research said the RBI’s ability to intervene meaningfully and thwart speculative forces will be a key test as pressure on the currency intensifies.
Gold price today: Precious metal slips ahead of US Jobs data; MCX closed for Gandhi Jayanti
- Gold fell 0.6% to $4,154.78 an ounce ahead of US jobs data
- A stronger US dollar and elevated Treasury yields pressured bullion; MCX was closed for Gandhi Jayanti
- Lower bullion prices may weigh on Indian gold producers and jewellery stocks
Gold Falls; U.S. Dollar, Yields Key Obstacles for Price Gain
- Gold fell as the US dollar and Treasury yields impeded a return to its broader bullish path
- Gold weakness can reduce collateral values for Indian gold-loan lenders
Asian Currencies Consolidate But May Be Weighed by Higher Oil Prices
- Asian currencies consolidated against the dollar
- Higher oil prices may weigh on currencies of net energy-importing countries
- A weaker rupee could raise import costs for Indian companies and pressure oil-sensitive sectors