Daily Market Snapshot: Bond Yields Rise in the Belly of the Curve as Rupee Holds Steady
Daily snapshot of Sri Lanka's fixed income and currency markets — bond yields rise in medium tenors, T-bill rates ease, rupee holds steady.
Daily snapshot of Sri Lanka's fixed income and currency markets — bond yields rise in medium tenors, T-bill rates ease, rupee holds steady.
Sri Lankan government bond yields climbed up to 35bps in medium tenors this week as short-term rates eased and a new LKR 150Bn.
Government bond yields climb across the curve as mid-tenor selling pressure builds, even as short-term T-bill rates decline.
ASPI closes higher and foreign investors turn net buyers, while government bond yields climb on selling pressure across mid-tenors.
Select long-tenor bond yields jump over 20bps while Treasury bill rates decline across all tenors at latest auction.
Sri Lanka's 3-7Y bond yields fell up to 30bps week-on-week while the 10-year tenor rose 30bps, marking a sharp curve divergence.
Sri Lanka's long-dated government bond yields rose up to 45bps week-on-week as the yield curve steepens, while short-end rates held steady.
Sri Lanka rupee weaker; bond yields higher as currency market sentiment remained cautious while government securities continued to trade at elevated levels amid.