Govt bond yields may soften slightly as inflation falls below forecast

Quick Summary:

Market participants expect the benchmark yield to open around 6.

The yield on the benchmark 10-year government bond settled at 6.88 per cent on Monday.

Food inflation fell to 5.4 per cent in July due to the base effect.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Inflation Inflation forecast and expectations Bond yields Govt bonds

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-12 @ 20:23:07 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 417 words

Reading Time: 3 minutes read

Sentences: 21 lines

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Copyright Owner: © Business Standard

News ID: 22034931

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