US 10-year bond yields surge to 16-year high near 5%

October 20, 2023

The rising US yields along with a stronger dollar can raise India Inc’s overseas borrowing and debt-servicing costs, though economists say India’s strong fundamentals offer protection. US 10-year treasury yields hit 4.98% on Thursday, the highest since 2007.

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US Federal Reserve’s Anna Paulson sees scope for more interest rate hikes amid inflation risks

Philadelphia Federal Reserve President Anna Paulson indicated that additional interest rate hikes could be warranted to combat inflation. She stated that inflation remains persistently high,

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Snapdeal parent AceVector raises Rs 189 crore from anchors; Negen, Singularity among top investors

In a significant move, AceVector, the owner of Snapdeal, has successfully garnered Rs 189 crore from anchor investors for its upcoming IPO, scheduled to open

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