Bond yields traded higher on Friday as India's retail inflation, as measured by the Consumer Price Index (CPI), eased to a six-year low of 2.82 per cent in the month of May 2025 mainly due to a slower increase in food prices.
In the global market, U.S. Treasury yields dropped for a second day Thursday as investors weighed muted inflation gains and the White House’s trade negotiations. Furthermore, oil prices settled slightly lower on Thursday as traders booked profits from a 4% rally in the prior session, driven by concerns that worsening tensions in the Middle East could cause supply disruptions.
Back home, the yields on new 10 year Government Stock were trading 2 basis point higher at 6.30% from its previous close of 6.28% on Thursday.
The benchmark five-year interest rates were trading 04 basis points higher at 6.00% from its previous close of 5.96% on Thursday.
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