Mumbai, Nov. 6 -- Indian bond yield eased as a slide from six-week high extended. Market eyed sustained selling pressure in crude oil which fell to two-week low in last session. The 10-year bond yield hovers around 6.50% now- holding around two-week low. Yields are falling ahead of tomorrow's auction of the new 10-year bond for Rs 32,000 crore, for further cues. In the last auction on October 3, the coupon was set at 6.48%. US yields are edging up and the spread between 10-year government bond and the comparable US treasury widening.
Published by HT Digital Content Services with permission from Capital Market....
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