Bond yields see little change as traders await December inflation data - watsupptoday.com
Bond yields see little change as traders await December inflation data
Posted 11 Jan 2023 12:35 PM

AGENCIES

Date :- 11-01-2023
Watsupptoday Desk

Indian government bond yields were largely unchanged in early session on Wednesday as investors awaited inflation readings to gauge further moves from Indian and US central banks. The benchmark 10-year yield was at 7.3218% as of 10:00 am, after ending at 7.3133% on Tuesday. It had fallen six basis points (bps) in the previous two sessions, tracking a slump in US yields. After two days of rally in bonds, we are finally taking a breather as the current levels do not attract fresh buying and any major move may be seen only after inflation data.

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