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.
Info Edge shares drops 4% despite 22% YoY jump in Q4 net profit; revenue up 16%
Info Edge shares saw a dip on Monday even as the company announced strong financial results. Net profit for the March quarter rose 22 percent