Bond yields traded higher on Friday as Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), Amardeep Singh Bhatia has highlighted that the foreign direct investments (FDI) in the country rose to a three-year high of $81 billion in 2024-25 and are expected to grow further.
In the global market, U.S. Treasury yields slipped on Thursday as investors parsed the latest legal developments on President Donald Trump’s reciprocal tariffs and the freshest economic data. Furthermore, Oil prices fell on Thursday, retreating from earlier gains, as investors weighed the potential effects of a U.S. court ruling that blocked the most sweeping of President Donald Trump's tariffs.
Back home, the yields on new 10 year Government Stock were trading higher at 6.188% from its previous close of 6.182% on Thursday.
The benchmark five-year interest rates were trading higher at 5.837% from its previous close of 5.830% on Thursday.
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