Indian government bond yields declined in the early session on Wednesday, with the benchmark bond yield falling to nearly a six-week low, tracking a plunge in U.S. peers, amid rising bets the Federal Reserve may not hike rates further.
The 10-year benchmark bond yield was at 7.2313% as of 10:00 a.m. after ending the previous session at 7.2828%. Earlier in the day, the yield fell to 7.2262%, the lowest since Oct. 6. Indian markets were shut on Tuesday.
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