Bond yields traded lower on Thursday after Reserve Bank of India’s (RBI) latest report stated that outward foreign direct investment (OFDI) by domestic firms has seen a jump of 73.77% to $5,030.48 million in June 2025 as against $2,894.90 million in June 2024. In May 2025, they stood at $2,702.92 million.
In the global market, short-term U.S. Treasury yields fell on Wednesday as traders weighed the possibility that President Donald Trump could fire Federal Reserve Chair Jerome Powell. Furthermore, Oil prices settled marginally lower on Wednesday as U.S. fuel inventory builds and concerns about wider economic impact from U.S. tariffs outweighed some signs of increasing demand.
Back home, the yields on new 10 year Government Stock were trading 1 basis point lower at 6.30% from its previous close of 6.31% on Wednesday.
The benchmark five-year interest rates were trading 1 basis point lower at 6.09% from its previous close of 6.10% on Wednesday.
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