Bond yields traded flat on Friday after India’s retail inflation stood at 2.75 per cent in January under the new series of All India Consumer Price Index (CPI), with 2024 as the base year.
In the global market, U.S. Treasury yields moved lower on Thursday as investors reacted to the latest home sales data and looked ahead to the key inflation report. Furthermore, oil prices fell on Thursday as investors weighed the International Energy Agency’s lowering of its global oil demand forecast for 2026 against potential escalation of U.S.-Iran tensions.
Back home, the yields on new 10 year Government Stock were trading flat with its previous close of 6.68% on Thursday.
The benchmark five-year interest rates were trading 1 basis point lower at 6.44% from its previous close of 6.45% on Thursday.
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