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Bond yields trade higher on Thursday

30 Oct 2025 Evaluate

Bond yields traded higher on Thursday with Chief Economic Advisor V Anantha Nageswaran’s statement that the Indian economy has responded quite satisfactorily to global headwinds, and exuded confidence that real GDP growth is likely to touch 7 per cent in FY26.

In the global market, Treasury yields gained even after the Federal Reserve cut rates for a second time this year as central bank chief Jerome Powell indicated another easing in December was far from certain. Furthermore, Oil prices rose on Wednesday after data showed U.S. crude and fuel inventories drew down more than expected last week, and as U.S. President Donald Trump’s optimistic tone over upcoming talks with his Chinese counterpart helped ease economic jitters.

Back home, the yields on new 10 year Government Stock were trading 4 basis points higher at 6.57% from its previous close of 6.53% on Wednesday. 

The benchmark five-year interest rates were trading 3 basis point higher at 6.19% from its previous close of 6.16% on Wednesday.

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