Bond yields traded higher on Monday as Commerce and Industry Minister Piyush Goyal has said that despite global uncertainties due to the US tariffs, India's exports will register a positive growth in 2025-26.
In the global market, U.S. Treasury yields rose Friday as investors’ jitters over a potential credit crisis in the banking sector eased. Furthermore, oil prices edged lower in early trade on Friday, heading for a weekly loss, with uncertainty over global energy supplies after U.S. President Donald Trump and Russian President Vladimir Putin agreed to meet in Hungary to discuss ending the war in Ukraine.
Back home, the yields on new 10 year Government Stock were trading 01 basis point higher at 6.51% from its previous close of 6.50% on Friday.
The benchmark five-year interest rates were trading 1 basis point higher at 6.12% from its previous close of 6.11% on Friday.
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