Bond yields trade higher on Thursday
The yields on new 10 year Government Stock were trading 3 basis points higher at 6.66% from its previous close of 6.63% on Wednesday
Bond yields traded higher on Thursday as Crisil Intelligence in its latest report has said that real gross domestic product (GDP) growth of India is likely to moderate but remain healthy at 7.1% in fiscal year 2026-27 (FY27) compared with 7.6% in FY26 (revised under the new GDP series).
In the global market, yield on the US 10-year Treasury note rose on Wednesday, marking a second consecutive increase and reaching its highest level in about a month.
Back home, the yields on new 10 year Government Stock were trading 3 basis points higher at 6.66% from its previous close of 6.63% on Wednesday.
The benchmark five-year interest rates were trading 2 basis points higher at 6.37% from its previous close of 6.35% on Wednesday.
