India bond yields seen up before debt sale, high U.S. yields weigh
Updated: 02 Sep 2022, 08:11 AM IST
TL;DR.The benchmark 10-year Indian government bond yield is likely to trade in 7.19%-7.25% band until the auction, a trader with a private bank said. The yield rose two basis points on Thursday to end at 7.2146%.
FILE PHOTO: A man walks behind the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India, April 8, 2022. REUTERS/Francis Mascarenhas/File Photo