Bonds slide as RBI cuts 10-yr note from liquidity move

GOVERNMENT BONDS FELL on Monday,as the central bank's decision to exclude the most liquid 10-year note from its debt-purchase plan sparked selling and dragged the whole curve lower, erasing Friday's dovish policy boost.

- REUTERS

The benchmark 10-year yield ended at 6.5697%., It closed at 6.5166% in the previous session. The yield on the 6.48% 2035 note rose 4 bps to close at 6.5342%.