India bond traders eye debt auction demand after hawkish RBI tone





Indian government bond market participants will await investor demand as well as cutoffs at the weekly debt auction to gauge direction as yields opened largely unchanged on Friday.

Bond yields rose on Thursday after the Reserve Bank of India's (RBI) monetary policy guidance on inflation subdued sentiment.

The 10-year benchmark 7.26% 2033 bond yield was at 7.0213% after closing at 7.0224% in the previous session. The 10-year yield posted its biggest single-session rise in four months on Thursday.

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