Mumbai, Nov. 26 -- India's bond yields are moving in a thin range but mostly stay lower amid sustained selling pressure in crude oil prices. US yields are also providing a lax direction, lingering around 4% - lowest in nearly one month. The domestic ten-year bond yields are currently lingering around 6.49%, coming off three-week highs in last week. The month-end data on government finances will be eyed now though the backward movement seen in yields this week could largely stay in place as the WTI Crude oil futures tested around $57 per barrel mark in last session - it's lowest in five weeks.
Published by HT Digital Content Services with permission from Capital Market....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.