India's 10-year bond yield slides to one-month low
Mumbai, Nov. 4 -- Indian government bond yields continued to fall today as a drop from four-year high extended amid weak crude oil prices. Domestic 10-year yield slipped around 8 basis points in intraday moves today to 7.21%, testing around one-month low. The US debt markets are witnessing volatile moves as investors are eying outcomes from the latest midterm election. Crude oil prices continue to turn lower as a Democratic party sweep in the US midterm elections lifted hopes of peace in the Middle-east and put oil under stress. As a result, the WTI Crude oil futures fell under $95 per barrel mark today to test three-week low mark.
Published by HT Digital Content Services with permission from Capital Market....
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