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Bond yields trade higher on Tuesday

01 Apr 2025 Evaluate

Bond yields edged higher on Tuesday as Care Edge Ratings has asserted that the Reserve Bank of India’s (RBI) monetary policy committee is expected to shift its focus from concerns around inflation to supporting growth in its next review meeting in early April. The rating agency in a report said the monetary policy committee will go for another 25-basis-point reduction in the repo rate at April 7-9 meeting. 

In the global market, oil prices eased on Monday and headed for a modest quarterly loss, despite a warning from U.S. President Donald Trump that he may impose secondary tariffs on buyers of Russian oil if he feels Moscow is blocking his efforts to end the war in Ukraine.

Back home, the yields on new 10 year Government Stock were trading 1 basis point higher at 6.58% from its previous close of 6.57% on Friday.

The benchmark five-year interest rates were trading flat with its previous close of 6.45% on Friday.

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