Mumbai, Oct. 15 -- Local bonds yields continued to slide amid similar moves in global markets and weak crude oil prices. The 6.33 GS 2035 bond yield fell around 6.48% mark, nearing two-week low. The US Treasury yields fell on Tuesday with the ten-year yield sliding below 4% as investors looked for safety from simmering US-China trade tensions. Meanwhile, local price pressures remain soft amid a mostly tepid undertone in crude oil prices and could cap yields even as overall economic outlook stays positive. Domestic retail inflation eased to an over 8-year low of 1.54 per cent in September and sliding below Reserve Bank's comfort zone too.

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