Indian bond yields dip as US Treasuries rally and oil eases
The benchmark 10-year yield slipped to about 7.41%, but a ₹33,000-crore government bond sale and a weak rupee held gains back.
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The yield on India's benchmark 6.94% 2036 bond fell 3 basis points to 7.4091% by noon on Thursday, Reuters reported.
Lower US Treasury yields and Brent crude slipping to $114 a barrel helped, after the US Fed held rates.
A ₹33,000-crore government bond sale on Friday and the rupee at 95.36 to the dollar limited the rally.