Bond yields traded higher on Friday as commerce ministry in its latest data has showed that India’s merchandise exports rose 1.87 per cent to $38.5 billion in December 2025 as compared to $37.80 billion in December 2024, despite persistent global economic headwinds.
In the global market, U.S. Treasury yields gained Thursday after the latest jobless claims data pointed to an improving labor market. Investors also assessed ongoing geopolitical uncertainty. Furthermore, oil prices fell more than 4% on Thursday, after comments from U.S. President Donald Trump eased market speculation that an American strike on Iran could be imminent.
Back home, the yields on new 10 year Government Stock were trading 3 basis points higher at 6.67% from its previous close of 6.64% on Wednesday.
The benchmark five-year interest rates were trading 3 basis points higher at 6.46% from its previous close of 6.43% on Wednesday.
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