The benchmark 6.48% 2035 bond yield settled at 7.0917%, bouncing off the day's low of 7.0636%, but still 2.2 basis points below Thursday's close. The yield rose 3 bps on the week after sharp swings inrecent sessions. Bond prices move inversely to yields. For the full story, visit the source.
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India bond gains capped by smaller than expected RBI dividend
The benchmark 6.48% 2035 bond yield settled at 7.0917%, bouncing off the day's low of 7.0636%, but still 2.2 basis points below Thursday's close. The yield rose 3 bps on the week after sharp swings inrecent sessions. Bond prices move inversely to yields.
By Reuters· The Times of India· 5 months ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India