Indian government bonds held steady in early trade on Monday as traders shrugged off a sharp drop in U.S. Treasury prices and awaited inflation data from both India and the U.S. due later this week.
The yield on the benchmark 10-year bond was around 6.3042% as of 11:05 a.m. IST, compared with previous close of 6.2994%.
The one-year OIS rate was at 5.54% and the two-year OIS rate at 5.50%.
The liquid five-year rose 1 basis point to 5.71%.
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