India 10-yr bond yield hits 9-month low, propelled by fall in US peers

India 10-yr bond yield hits 9-month low, propelled by fall in US peers

Indian government bond yields moved closer to the key bottom on Monday, with the benchmark bond yield skirting around 7%, levels last seen nine months ago, as U.S. yields extended their recent decline, with bets of a rate cut in June by the Federal Reserve. The benchmark 10-year yield was at 7.0093% as of 10:00 … Read more