Bond yields traded flat on Tuesday after government data showed that India's gross Goods and Services Tax (GST) collections slipped to a year-low of Rs 1.70 lakh crore in November 2025, growing at a meagre 0.7 per cent year-on-year on a base lowered by the exclusion of proceeds from cess on sin and luxury goods.
In the global market, U.S. Treasury yields moved higher on Monday as traders began to anticipate slightly faster economic growth in 2026, helped in part by expectations that the Federal Reserve will again lower interest rates at the central bank’s final policy meeting of the year next week. Furthermore, Oil prices rose more than 1.5 per cent on Monday after the OPEC+ meeting reaffirmed its plan to pause production increases in the first quarter of next year.
Back home, the yields on new 10 year Government Stock were trading flat with its previous close of 6.57% on Monday.
The benchmark five-year interest rates were trading flat with its previous close of 6.25% on Monday.
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