India's 10-year bond yield holds above 7.20% mark ahead of inflation data
Mumbai, Nov. 12 -- India's government bond yields are slightly higher today. Volatile crude oil prices are keeping sentiments choppy. Yields moved higher in last session as the 10-year US Treasury yields hit critical 5% mark. Yield on India's benchmark 10-year bond - the 6.94% 2036 security zoomed around 7 basis points in last session and currently lingers around 7.23%, up marginally on the day. Local inflation data for October is due today and it will be interesting to see trend in prices ahead of the peak festive demand period.
Published by HT Digital Content Services with permission from Capital Market....
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