The U.S. 10-year Treasury dipped on Wednesday as investors awaited a key U.S. inflation report due later in the week. At 5:00 a.m. ET, the yield on the 10-year Treasury slipped under a basis point to 3.8273%, while the yield on the 2-year Treasury was flat at 3.865%. Yields and prices move in opposite directions.
Get out of cash — that’s what many on Wall Street have been saying since expectations of rate cuts started rising earlier this year. They’re now doubling down on that call, with the U.S. Federal Reserve signaling that it would finally cut rates in September. That would make cash rates less attractive than other parts
Public debt arises when government expenditures exceed its revenue from taxes and other sources, necessitating borrowing from domestic and international markets.In essence, public debt includes all liabilities of the central government funded through the Consolidated Fund of India. This debt is categorized into internal and external components, with internal debt further subdivided into marketable and