Indian federal bond yields stayed down in afternoon session on Thursday as sentiment stayed buoyed due to the buyback auction of upto 100 billion rupees worth of bonds while sharp losses in domestic shares further aided sentiment.
The benchmark 10-year bond yield was at 8.55 percent, down 4 basis points (bps)from its close on Wednesday, after trading in an 8.50-8.58 percent range so far in the session.
The benchmark 10-year bond yield was at 8.55 percent, down 4 basis points (bps)from its close on Wednesday, after trading in an 8.50-8.58 percent range so far in the session.
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