India bond yields resume decline as US peers fall, budget boosts purchases
Indian government bond yields extended their decline on Friday, tracking moves in U.S. Treasury yields, a day after the federal budget’s tepid targets triggered aggressive debt purchases. India’s benchmark 10-year yield was at 7.0265% as of 10:30 a.m. IST, following its previous close at 7.0583%. Thursday’s close was the lowest since July 18 and the … Read more
