Indian government bonds stabilized early on Tuesday, pausing after a sharp sell-off in earlier sessions following the central bank’s decision to exclude the most liquid benchmark paper from this week’s bond purchases. The benchmark 10-year yield stood at 6.5668%, at 10:30 am IST. The price ended Monday at 6.5697%, an increase of more than five […]
Indian government bonds ended largely unchanged on Thursday as uncertainty over the fate of the key repo rate discouraged traders the next day, even as the benchmark bond rose, with traders hoping for a liquidity injection from the central bank.Ten-year bond yields ended at 6.5267% after closing at 6.5369% on Wednesday. Bond yields rise when […]
Indian government bonds fell on Monday, with the benchmark closing at the lowest level in more than two months, as robust economic growth data dampened hopes for rate cuts and a plunging rupee added to pressure.The benchmark 10-year yield rose almost 3 basis points to close at 6.5732%, the highest level since September 30. On […]
When monetary easing occurs, corporate bond yields are expected to fall as demand for the existing bonds issued at higher coupon rates is likely to rise, causing yields to fall. Furthermore, the issuance of new bonds is expected to accelerate as the liquidity situation improves and financing costs decline.It is striking that it has many […]
Indian government bonds gave back some gains from their three-day rally on Thursday as traders booked profits and shifted their focus to upcoming GDP data that could impact expectations for further rate cuts.The benchmark 10-year yield ended at 6.5082%, up from 6.4934% on Wednesday, its lowest close since Nov. 10. Yields move inversely to prices.India’s […]
Indian government bonds held steady in early deals on Wednesday, with the 10-year yield anchoring below the key 6.50% mark amid heightened expectations for a rate cut next week. The benchmark 10-year yield stood at 6.4937% at 10:15 am IST. During the previous session, it ended at 6.4984%. Bond yields rise when prices fall. Bonds […]
Indian government bonds rose in early deals on Tuesday, building on the previous session’s rally, with dovish comments from the central bank chief boosting expectations for a rate cut next month. The benchmark 10-year yield stood at 6.5085% at 10.20 am IST, after hitting a two-week low of 6.5017%. During the previous session, it had […]
Indian government bonds closed higher on Monday, recovering from the previous session’s losses after showing a sharp reversal in the rupee, while softened comments from the central bank chief provided further support.The benchmark 10-year yield ended at 6.5194%, after closing at 6.5665% on Friday. Bond yields move in the opposite direction to prices. The Reserve […]
Indian government bonds were little changed on Thursday as traders braced for Friday’s debt sale, after which the focus will shift to the central bank’s interest rate and liquidity path.The benchmark 10-year yield settled at 6.5324%, up from 6.5323% on Wednesday, staying within this week’s narrow range of 6.52%-6.55%. Yields briefly broke above 6.55% three […]
Indian government bonds fell slightly on Wednesday after a short-lived rally on hopes of a possible inclusion in the Bloomberg Global Aggregate Index.The benchmark 10-year yield closed at 6.5323%, down from 6.5258% in the previous session. Indian newspaper Business Standard reported on Tuesday that major foreign investors responded positively to Bloomberg Index Services’ advice on […]