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Bond yields trade higher on Friday

16 May 2025 Evaluate

Bond yields traded higher on Friday as Export Import Bank of India (EXIM Bank) has said that India's overall merchandise exports are likely to grow 3 per cent to $113.7 billion during the first quarter of the current fiscal year (Q1FY26). It said the non-oil exports are forecast to grow 10.9 per cent to $99.2 billion in Q1FY26.

In the global market, U.S. Treasury yields moved lower on Thursday as investors digested a cooler-than-expected inflation reading. Furthermore, oil prices fell Thursday on expectations that the U.S. and Iran may soon reach a deal over Tehran’s nuclear program.

Back home, the yields on new 10 year Government Stock were trading 08 basis points higher at 6.31% from its previous close of 6.23% on Thursday.

The benchmark five-year interest rates were trading 07 basis points higher at 6.03% from its previous close of 5.96% on Thursday.

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