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 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. […]
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 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 […]
Indian government bonds rose in late trading on Friday as the central bank sold less debt than planned in a weekly auction, providing some relief in a bearish market. Bonds have sold off in recent days amid doubts about local rate cuts and the central bank’s stance on the banking system’s liquidity. “The bond movement […]
Indian government bonds ended little changed, recovering from intraday declines but posting a weekly decline on Friday as weak trading volumes encouraged short sellers while investors largely stayed away due to interest rate uncertainty. The yield on the 10-year benchmark ended at 6.5345%, after reaching 6.5357% on Thursday. It rose 2 basis points during the […]
India’s July inflation data in the retail trade, which should be on Tuesday at 4 p.m., it is expected that a lowest point of eight years of 1.76% is expected to illuminate, compared to 2.10% in June | Photocredit: Designer491 Indian government bonds acted in a limited reach on Friday in early deals, because traders […]