scorecardresearchIndia bond yields seen rising, tracking U.S. peers

India bond yields seen rising, tracking U.S. peers

Updated: 29 Aug 2022, 08:26 AM IST
TL;DR.
The benchmark 10-year government bond yield is likely to trade in 7.20%-7.26% band, a trader with a private bank said. The yield had slumped seven basis points on Friday to end at 7.2173%.
The logo of the Reserve Bank of India (RBI) on a belt at their headquarters in Mumbai, India, on Friday, April 8, 2022. India�s central bank signaled a shift in policy focus as it ramped up efforts to mop up excess liquidity in the banking system and raised its inflation forecasts, sending bond yields higher. Photographer: Dhiraj Singh/Bloomberg

The logo of the Reserve Bank of India (RBI) on a belt at their headquarters in Mumbai, India, on Friday, April 8, 2022. India�s central bank signaled a shift in policy focus as it ramped up efforts to mop up excess liquidity in the banking system and raised its inflation forecasts, sending bond yields higher. Photographer: Dhiraj Singh/Bloomberg