Mumbai, May 22 -- Reserve Bank of India or RBI stated in a latest monthly update that domestic bond yields traded with a soft bias relative to the preceding month, on account of open market operations or OMO purchases, fall in crude oil prices, and moderation in CPI inflation. The yield on the 10-year G-sec benchmark declined to 6.29 per cent on May 19, 2025 from 6.41 per cent on April 15, 2025. The domestic yield curve has generally shifted downwards with relatively larger decrease in yields across the short and long end of the curve across the term structure. Between April 16 and May 19, 2025, the average term spread (10-year G-sec yield minus 91-day T-bills yield) increased by 18 bps over the period March 16 to April 15, 2025. The spre...