Germany’s 10-year government bond yields, the euro area benchmark, were down 2 basis points (bps) to 3.47%.
Indian government bonds have rebounded following a significant rise in yields, drawing investors back into the market. The benchmark bond yield has risen due to a central bank policy rate hike and liquidity measures. The rupee has appreciated against the dollar after the central bank implemented new measures to support the currency. Meanwhile, traders are anticipating US inflation data, which could influence Federal Reserve decisions.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Curbing rupee bets: What the RBI’s new rules mean for the hedge-now-or-wait question