Mumbai, July 25 -- Domestic bond yields stayed elevated as the staggered progress on trade deal between India and the US and weak local equities weighed on the sentiments. A firm undertone in WTI Crude oil futures, which hit one week high near $67 per barrel also ensured that the 6.79% GS 2034 bond yields extend rise above 6.30% and hit a two and half month high of 6.34%. Government of India has announced the sale (re-issue) of Government Securities 5.91% GS 2028 for Rs 6000 crore and also 6.33% GS 2035 for Rs 30000 crore today.
Published by HT Digital Content Services with permission from Capital Market....
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