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Bond yields trade flat on Friday

05 Jul 2024 Evaluate

Bond yields edged flat on Friday amid government is working towards streamlining the application process for Indian business visas for companies that are not beneficiaries under the production-linked incentive (PLI) scheme but have set up manufacturing units across the 14 sectors covered under the scheme.

In the global market, oil prices edged lower on Thursday, retreating from the previous session’s multi-month highs, with investors taking profits as demand caution remained in focus despite last week’s decline in U.S. inventories.

Back home, the yields on new 10 year Government Stock were trading flat with its previous close of 6.99% on Thursday.  

The benchmark five-year interest rates were trading flat with its previous close of 6.99% on Thursday.



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