Treasuries stabilized in Asian trading following corporate-debt sales and budget worries that impacted bonds and stocks. US 30-year bond yields remained near 5%, affecting tech shares, while Japan’s ultra-long bonds also declined. Investors are navigating economic data, tariffs, Fed policy, and fiscal outlooks as the S&P 500 experiences minimal gains.
PSU bank stocks soar up to 8%, but HDFC, Axis and other private lenders fall up to 5% after Q2 results. Why the sharp divide?
PSU bank stocks surged up to 8% on Monday, led by Punjab National Bank after its Q2FY27 earnings beat estimates. In contrast, private lenders such
October 19, 2026