The government’s budget introduced changes impacting capital markets, including increased trading costs for futures and options, and revised tax treatment for Sovereign Gold Bonds. While buybacks are now more tax-friendly, efforts are underway to boost corporate bond liquidity and support export-competitive sectors like deep-tech and manufacturing.
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