India's 10-year Bond Yield Poised For 5th Weekly Fall; Rupee Gains
India's 10-year Bond Yield Poised For 5th Weekly Fall; Rupee Gains India's 10-year Bond Yield Poised For 5th Weekly Fall; Rupee Gains Sentiment for bonds was buoyed by the Reserve Bank of India's Rs 35,000 crore worth bond buy on Thursday, while a fall in U.S. Treasury yields also helped. Updated: May 21, 2021 3:44 pm IST Bond yields have dropped in each of the last five weeks and in eight out of the last 10 India's benchmark 10-year bond yield posted its fifth straight weekly fall, while the rupee rose sharply in late trade to its highest level since end March on dollar sales by foreign...
Source: ndtv.com