Indian government bonds fell on Thursday ahead of a debt sale that is likely to test a market where appetite has taken a hit despite the central bank’s aggressive debt buying.The yield on ten-year bonds closed at 6.6290%, compared to the previous closing price of 6.6105%. Yields move inversely to bond prices. The Reserve Bank […]
Indian government bonds rose sharply on Thursday as bond purchases by the Reserve Bank of India, along with a rally in US government bonds following a Federal Reserve rate cut, boosted demand.The benchmark 10-year interest rate was 6.6122%. It ended Wednesday at 6.6649%, the highest closing level for the 10-year note so far this fiscal […]
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 […]