U.S. equity funds saw outflows for the first time four weeks in the seven days ended May 29, hit by rising bond yields and uncertainty over the timing and extent of Federal Reserve interest rate cuts.
RBI calls off T-Bill auction on higher-yield demand
The Reserve Bank of India (RBI) withdrew its ₹12,000 crore treasury bill auction for 182-day and 364-day maturities, reportedly due to high yield bids. This