Global bond markets experienced turbulence following Donald Trump’s tariff pause, triggering rapid unwinding of interest rate cut expectations. Australian and New Zealand bonds plunged, mirroring the US yield curve flattening, while Japan saw longer-end bonds face selling pressure. Instability is expected to persist as traders navigate uncertain trade negotiations and their impact on growth and inflation.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs