India 10-Year Bond Yield Falls 10 Basis Points to 7.31%
The benchmark yield fell nearly 10 basis points to 7.31%, its steepest one-day decline since early April, after a sharp drop in oil prices spurred demand for the bond. It had previously closed at 7.40%.
Our Bureau Mumbai: The benchmark 10-year bond yield fell nearly 10 basis points to 7.31%, marking its steepest one-day decline since early April, as a sharp decline in oil prices spurred demand for the paper. It had previously closed at 7.40%. Yield on the bond opened at 7.40% Monday and consistent…