Bond yields traded higher on Tuesday as Retailers Association of India (RAI), basis its survey, has said that a 6 per cent yearly increase in retail sales was reported in March 2025 compared to the same month of 2024. The survey figures point to steady domestic demand at a time when global trade conditions remain unsettled.
In the global market, 10-year Treasury yield fell on Monday as investors look ahead to an active week of economic data, including readings on jobs, economic growth and inflation. Furthermore, crude oil prices fell about $1 a barrel on Monday morning as demand fears arising from the trade war between the United States and China were pressing down demand at the pump.
Back home, the yields on new 10 year Government Stock were trading 05 basis points higher at 6.44% from its previous close of 6.39% on Monday.
The benchmark five-year interest rates were trading 02 basis points higher at 6.17% from its previous close of 6.15% on Monday.
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