Indian bond bias stays positive, debt auction demand in focus
MUMBAI: Indian government bonds remained firm in early trade on Friday, although the benchmark 10-year bond yield held above the key 6.75% level as investors looked to a weekly debt auction for fresh cues. The yield on the benchmark 6.94% 2036 bond was at 6.7511% as of 10:00 a.m. IST, after closing at 6.7582% on Thursday. Bond yields move inversely to prices. New Delhi will raise 320 billion…
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