Global bond markets experienced turbulence following Donald Trump’s tariff pause, triggering rapid unwinding of interest rate cut expectations. Australian and New Zealand bonds plunged, mirroring the US yield curve flattening, while Japan saw longer-end bonds face selling pressure. Instability is expected to persist as traders navigate uncertain trade negotiations and their impact on growth and inflation.
ESDS Software shares snap 3-day fall, hit 5% upper circuit. What should shareholders do?
Shares of ESDS Software Solutions snapped a three-day falling streak on Monday, hitting a 5% upper circuit at Rs 1,622. After surging 325% post-listing, market