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Bond yields trade lower on Monday

06 Oct 2025 Evaluate

Bond yields traded lower on Monday with the report stating that growth of India's services sector eased in September from the recent high in August, as new business and activity expanded at slower rates. The seasonally adjusted HSBC India Services PMI Business Activity Index fell to 60.9 in September, from a 15-year high of 62.9 in August, amid competitive conditions and cost-control measures.

In the global market, U.S. Treasury yields were higher on Friday despite the latest services data missing Wall Street’s expectations. The government shutdown also reached its third day, and investors weighed its potential impact on the U.S. economy. Furthermore, oil prices settled higher on Friday but posted a weekly loss of 8.1% after news of potential increases to OPEC+ supply.

Back home, the yields on new 10 year Government Stock were trading 01 basis point lower at 6.50% from its previous close of 6.51% on Friday.

The benchmark five-year interest rates were trading 1 basis point higher at 6.11% from its previous close of 6.10% on Friday.

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