The yields on US Treasuries gained while stock futures slumped, and an index of Asia-Pacific shares also dropped in response to the punitive measures taken against some of America’s biggest trading partners. The Canadian dollar sank to its weakest since 2003, with euro and Mexican peso also posting losses.
RBI seeking to curb yields buys bonds at a premium
The Reserve Bank of India purchased bonds at higher prices than the market on Monday. This move aimed to control bond yields during a period