Indian government bonds rose on Tuesday as better-than-expected demand at government auctions supported sentiment and led to short covering, while some traders also suspected the central bank would buy on the secondary market.The benchmark 10-year yield fell nearly 6 basis points to stand at 6.5155%, down from 6.5732% in the previous session. The ten-year yield […]
Indian government bonds rose in early trade on Tuesday as speculation about central bank support and the rupee’s best open in about three weeks fueled short covering.The yield on the benchmark 10-year bond stood at 6.5189% at 10:40 am IST. It ended Monday at 6.5343%. Bond yields fall as prices rise.The ‘Other’ buyer category bought […]