Bond yields traded lower on Tuesday as commerce ministry in its latest data has showed that India’s merchandise exports contracted 11.8 per cent to $34.38 billion in October 2025 as compared to $38.98 billion in October 2024, on account of the impact of high tariffs by the US.
In the global market, 10-year Treasury yield slid on Monday as investors anticipated a packed week of delayed economic data releases. Furthermore, oil prices eased on Monday as loadings resumed at Russia's Novorossiysk export hub after a two-day suspension at the Black Sea port that had been hit by a Ukrainian attack.
Back home, the yields on new 10 year Government Stock were trading 3 basis points lower at 6.50% from its previous close of 6.53% on Monday.
The benchmark five-year interest rates were trading 3 basis points lower at 6.18% from its previous close of 6.21% on Monday.