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via thehindubusinessline.comEconomy

Indian government bonds lead Asian gains as oil and Treasury yields fall

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

The benchmark 6.94% 2036 bond yield was at 7.1973% as of 11:40 a.m. IST, up 2.5 basis point on the day but down about ‌22 bps for the week, set to be its best week since April.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralFalling oil and Treasury yields are supporting Indian government bond prices, with the benchmark 2036 yield on track for its best week since April.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The benchmark 6.94% 2036 bond yield was at 7.1973% as of 11:40 a.m. IST.
  2. 02The yield was up 2.5 basis points on the day but down about 22 bps for the week.
  3. 03The weekly decline would be its best since April.

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