Bond yields traded higher on Monday as Crisil has raised its forecast for the country's Gross domestic product (GDP) growth to 7 per cent from 6.5 per cent for the current financial year (FY26), following the first-half growth of 8 per cent that exceeded expectations.
In the global market, U.S. Treasury yields traded higher on Friday after a data centre issue at the Chicago Mercantile Exchange (CME) disrupted trading.
Back home, the yields on new 10 year Government Stock were trading 4 basis points higher at 6.56% from its previous close of 6.52% on Friday.
The benchmark five-year interest rates were trading 8 basis points higher at 6.27% from its previous close of 6.19% on Friday.