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Bond yields trade higher on Monday

28 Apr 2025 Evaluate

Bond yields traded higher on Monday as net direct tax collection for the financial year 2024-25 has grew by 13.57 per cent to over Rs 22.26 lakh crore. However, due to issuance of the highest-ever amount of refunds it has narrowly missed the target of Rs 22.37 crore set by the government. 

In the global market, the 10-year Treasury yield slipped on Friday as investors weighed the latest developments on the global trade front, including new comments from U.S. President Donald Trump. 

Back home, the yields on new 10 year Government Stock were trading 12 basis points higher at 6.48% from its previous close of 6.36% on Friday.

The benchmark five-year interest rates were trading 10 basis points higher at 6.24% from its previous close of 6.14% on Friday.

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