Mumbai, July 1 -- Government bond yields easing marginally in tight activity today. The 10 year 6.33 GS 2035 bond yield eased marginally to quote at 6.30%. Market eyed falling inflation and a tepid reading on the industrial output also weighed on sentiments. Meanwhile, WTI crude oil futures dipped below $65 per barrel on Tuesday. The recent slide came as geopolitical tensions eased, with the Israel-Iran ceasefire showing signs of stability and eroding the risk premium. Data out yesterday showed that index of industrial production growth in May-25 slipped to 9-month low of 1.2% on broad-based slowdown.
Published by HT Digital Content Services with permission from Capital Market....
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