Edelweiss Mutual Fund introduces Altiva Hybrid Long-Short Fund. The NFO opens on October 1 and closes on October 15. This fund aims for consistent returns via equity arbitrage and fixed income. It also explores special situations like IPOs and buybacks. Radhika Gupta highlights its innovative approach. The fund offers daily subscriptions and redemptions twice a week.
10-year US Treasury yields surges over 5.05% to 19-year high
The 10-year US Treasury yield climbed to 5.058%, its highest level since July 2007, as fresh services and manufacturing data raised concerns about further Federal