Mumbai, Dec. 11 -- India's government securities or G-sec yields are rising after the Reserve Bank of India's (RBI's) 25 basis points policy repo rate cut on Friday. The 10-year benchmark bond rose to its highest levels since end-March 2025, breaking above 6.60% mark. Along with the rate cut, the central bank has announced open market operation (OMO) to purchase government securities to infuse liquidity. The 6.33 GS bond yield is holding around 6.63% right now, witnessing some stability as US Treasury yields moved lower on Wednesday after the Federal Reserve delivered its third straight interest rate cut.

Published by HT Digital Content Services with permission from Capital Market....