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Indian bond yields ease on U.S. cues; bargain buying - Reuters India

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MUMBAI, Dec 30 (Reuters) - Indian federal bond yields easedfrom near 2009 highs on Wednesday tracking lower U.S. Treasuryyields and due to some value buying after the sell-off in theprevious session.

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* However, dealers said they were not expecting any sharpmoves and predicted a 7.65-7.78 range for the benchmark 10-yearbond yield over the final days of 2009. * At 9:13 a.m. the 10-year benchmark bond yieldIN069019G=CC was at 7.69 percent, down from 7.72 percent atclose on Tuesday. Last week the yield rose to 7.75 percent, itshighest since Nov. 11, 2008.

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This page contains a single entry by Viraj published on December 30, 2009 6:04 PM.

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