Bond yields ease as higher-than-expected state bond demand boosts sentiment
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The benchmark 10-year bond yield was trading at 6.67 percent against previous day’s 6.68 percent
Government bond yields edged lower on February 25, as stronger-than-expected demand at a state debt auction calmed fears of a supply overhang, bolstering sentiment
The benchmark 10-year bond yield was trading at 6.67 percent against previous day’s 6.68 percent when yields . fell by about two basis points.
Bond prices were up 1 basis points. Bond prices and yields move in opposite directions.
States raised about Rs 46,100 debt on February 24, exceeding the planned Rs 44,550 crore. Expectations of reduced issuance of longer maturity notes in the upcoming fiscal buoyed investor sentiment.
“The Reserve Bank of India likely intervened in the market by buying bonds to anchor yields, traders said. The move marks a shift after weeks of restraint in addressing tightening systemic liquidity.”
Globally, the focus remains on tensions between the United States and Iran and American yields as well as crude prices.
At home, focus now shifts to Rs 32,000 crore auction of the 10-year benchmark bond on February 27, viewed as a test of investor appetite for sovereign debt.
While the RBI’s bond-buying is expected to keep a lid on yields in the near term, the rupee’s trajectory will hinge on the central bank defence of the 91 a dollar mark against persistent outflows.Globally, the focus remains on tensions between the United States and Iran and American yields as well as crude prices.
At home, focus now shifts to Rs 32,000 crore auction of the 10-year benchmark bond on February 27, viewed as a test of investor appetite for sovereign debt.
While the RBI’s bond-buying is expected to keep a lid on yields in the near term, the rupee’s trajectory will hinge on the central bank defence of the 91 a dollar mark against persistent outflows.Globally, the focus remains on tensions between the United States and Iran and American yields as well as crude prices.
At home, focus now shifts to Rs 32,000 crore auction of the 10-year benchmark bond on February 27, viewed as a test of investor appetite for sovereign debt.
While the RBI’s bond-buying is expected to keep a lid on yields in the near term, the rupee’s trajectory will hinge on the central bank defence of the 91 a dollar mark against persistent outflows.Globally, the focus remains on tensions between the United States and Iran and American yields as well as crude prices.
At home, focus now shifts to Rs 32,000 crore auction of the 10-year benchmark bond on February 27, viewed as a test of investor appetite for sovereign debt.
While the RBI’s bond-buying is expected to keep a lid on yields in the near term, the rupee’s trajectory will hinge on the central bank defence of the 91 a dollar mark against persistent outflows.Globally, the focus remains on tensions between the United States and Iran and American yields as well as crude prices.
At home, focus now shifts to Rs 32,000 crore auction of the 10-year benchmark bond on February 27, viewed as a test of investor appetite for sovereign debt.
While the RBI’s bond-buying is expected to keep a lid on yields in the near term, the rupee’s trajectory will hinge on the central bank defence of the 91 a dollar mark against persistent outflows.Globally, the focus remains on tensions between the United States and Iran and American yields as well as crude prices.
At home, focus now shifts to Rs 32,000 crore auction of the 10-year benchmark bond on February 27, viewed as a test of investor appetite for sovereign debt.
While the RBI’s bond-buying is expected to keep a lid on yields in the near term, the rupee’s trajectory will hinge on the central bank defence of the 91 a dollar mark against persistent outflows.Globally, the focus remains on tensions between the United States and Iran and American yields as well as crude prices.
At home, focus now shifts to Rs 32,000 crore auction of the 10-year benchmark bond on February 27, viewed as a test of investor appetite for sovereign debt.
While the RBI’s bond-buying is expected to keep a lid on yields in the near term, the rupee’s trajectory will hinge on the central bank defence of the 91 a dollar mark against persistent outflows.Globally, the focus remains on tensions between the United States and Iran and American yields as well as crude prices.
At home, focus now shifts to Rs 32,000 crore auction of the 10-year benchmark bond on February 27, viewed as a test of investor appetite for sovereign debt.
While the RBI’s bond-buying is expected to keep a lid on yields in the near term, the rupee’s trajectory will hinge on the central bank defence of the 91 a dollar mark against persistent outflows.Globally, the focus remains on tensions between the United States and Iran and American yields as well as crude prices.
At home, focus now shifts to Rs 32,000 crore auction of the 10-year benchmark bond on February 27, viewed as a test of investor appetite for sovereign debt.
While the RBI’s bond-buying is expected to keep a lid on yields in the near term, the rupee’s trajectory will hinge on the central bank defence of the 91 a dollar mark against persistent outflows.Globally, the focus remains on tensions between the United States and Iran and American yields as well as crude prices.
At home, focus now shifts to Rs 32,000 crore auction of the 10-year benchmark bond on February 27, viewed as a test of investor appetite for sovereign debt.
While the RBI’s bond-buying is expected to keep a lid on yields in the near term, the rupee’s trajectory will hinge on the central bank defence of the 91 a dollar mark against persistent outflows.Globally, the focus remains on tensions between the United States and Iran and American yields as well as crude prices.
At home, focus now shifts to Rs 32,000 crore auction of the 10-year benchmark bond on February 27, viewed as a test of investor appetite for sovereign debt.
While the RBI’s bond-buying is expected to keep a lid on yields in the near term, the rupee’s trajectory will hinge on the central bank defence of the 91 a dollar mark against persistent outflows.Globally, the focus remains on tensions between the United States and Iran and American yields as well as crude prices.
At home, focus now shifts to Rs 32,000 crore auction of the 10-year benchmark bond on February 27, viewed as a test of investor appetite for sovereign debt.
While the RBI’s bond-buying is expected to keep a lid on yields in the near term, the rupee’s trajectory will hinge on the central bank defence of the 91 a dollar mark against persistent outflows.
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