Mumbai, Aug. 25 -- The US debt market stabilized today after yields fell in last session after Federal Reserve Chair Jerome Powell pointed to a possible rate cut at the central bank's upcoming meeting. The benchmark 10-year yields fell to one-week low of $4.24% on Friday and currently hover at 4.27%. Russia-Ukraine war continued to keep geopolitical scenario intense as Ukrainian President Volodymyr Zelenskyy called on countries in the Global South to support diplomatic efforts to push Russia to agree to end its war with Ukraine.

Published by HT Digital Content Services with permission from Capital Market....