Indian Government Bonds Rise as US Yields Drop
Indian government bonds turned higher after opening flat, as a sharp drop in US Treasury yields outweighed oil-related inflation concerns and prompted value buying.
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Indian government bonds turned higher after opening flat, as a sharp drop in US Treasury yields outweighed oil-related inflation concerns and prompted value buying.
By Dharamraj Dhutia MUMBAI, Oct 15 (Reuters) — Indian government bonds could see some buying interest in early deals on Thursday, tracking a drop in US Treasury yields, but any such move is likely to be limited as underlying sentiment remains cautious after the Reserve Bank of India's hawkish commentary earlier this we
Indian government bonds could see early buying interest, tracking lower US Treasury yields, though the move may be limited amid cautious sentiment after hawkish Reserve Bank of India commentary earlier this week.
Sept 30 snapshot: Sensex down 0.07% to 72,480.29 and Nifty 50 down 0.42% to 22,620.45. Rupee up 0.16% to 95.83 per US dollar; 10-year bond yield up 2.51 bps to 7.1879%.
By Khushi Malhotra MUMBAI, Sept 30 (Reuters) — Indian government bonds may firm modestly on Wednesday, buoyed by steadier US Treasury yields and oil prices, while investors look for cues on the Reserve Bank of India's rate trajectory as US rate hike expectations ease. The benchmark 6.94% 2036 bond yield may trade in th
By Dharamraj Dhutia MUMBAI, Sept 18 (Reuters) — Indian government bonds are likely to open little changed on Friday, as lower oil prices and US Treasury yields offset caution ahead of a government debt sale later in the day. The benchmark 6.94% 2036 bond yield is expected to trade between 7.01% and 7.06%, according to