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Bond yield falls to 3-year low as rate-cut bets rise
Financial Express Hyderabad
|March 27, 2025
GOVERNMENT BOND YIELDS dropped on Wednesday, with the benchmark bond yield hitting its lowest in over three years as growing expectations of rate cuts in the next financial year fuelled demand, especially from banks.
The benchmark 10-year bond yield ended at 6.6022%, compared with the previous close of 6.6370%.
"There was strong buying interest today, mainly from banks that have created a lot of space in their books due to aggressive debt purchases from the central bank as well as expected rate cuts next year," a trader with a primary dealership said.
Dit verhaal komt uit de March 27, 2025-editie van Financial Express Hyderabad.
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