scorecardresearchIndia 5-10 year bond yield spread shrinks

India 5-10 year bond yield spread shrinks

Updated: 05 Aug 2022, 02:57 PM IST
TL;DR.
The five-year bond yield was trading at 7.06% at 0900 GMT, while the 10-year bond yield was at 7.30%, with spread shrinking to 24 basis points against 30 basis points at the beginning of this week.
Reserve Bank of India (RBI) Governor Shaktikanta Das speaks during a press conference at the RBI headquarters in Mumbai, India, Friday, Aug. 5, 2022. India's central bank on Wednesday raised its key interest rate by 50 basis points to 5.4% in its third such hike since May as it focuses on containing inflation. (AP Photo)

Reserve Bank of India (RBI) Governor Shaktikanta Das speaks during a press conference at the RBI headquarters in Mumbai, India, Friday, Aug. 5, 2022. India's central bank on Wednesday raised its key interest rate by 50 basis points to 5.4% in its third such hike since May as it focuses on containing inflation. (AP Photo)