Banks face significant treasury losses as the 10-year yield surged past 7%. This unexpected jump impacted rupee and bond markets. Traders are cautious, adjusting to a new reality of prolonged conflict and potential inflation. The market now anticipates further yield increases with upcoming government security auctions. Banks are preparing for supply in the next financial year.
Gold, silver prices rise 1% but analysts cautious after 15% March drop; here’s why
Gold and silver prices rebounded in global markets after a sharp March sell-off, supported by a weaker dollar and easing bond yields. However, sentiment remains