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The Economic Times
The Economic Times
Business

India's 10-year bond logs best day in over a week on oil relief

Indian government bonds rose ​on Friday, with the benchmark ​yield posting its sharpest fall in more than a ​week, as softer oil prices, foreign inflows and strong demand at a weekly auction lifted sentiment.

The 6.94% 2036 bond yield fell 3.8 basis points to 6.7139%, sliding the ‌most in ⁠a day ⁠since July 2. It ended little changed week-on-week. Bond yields move inversely to prices.

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