India bond yields seen steady as traders eye debt sale, budget




Traders anticipate Indian government bond yields to remain stable at the start of trading on Thursday, with expectations of little change. They are awaiting a new issuance of debt on Friday and the upcoming federal budget announcement on Tuesday.

According to a trader from a private bank, the benchmark 10-year yield is projected to fluctuate between 6.95% and 6.99%, following its close at 6.9632% in the last session. Indian markets were closed on Wednesday due to a local holiday.

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