2/5/2025, 10:11:03 am

India bond yields move in narrow range, demand for new 10-year paper key

Indian government bond yields edged up slightly on Friday, with focus on the auction of a new 10-year bond. The benchmark 10-year yield was at 6.3573%, down 22 basis points in April, its biggest drop since March 2020. The government aims to raise 360 billion rupees, including 300 billion from the new bond. RBI's bond purchases and geopolitical tensions remain key factors.