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MARKET EYE-Indian bond yields at 3-wk low; data awaited
April 9, 2013 / 4:42 AM / 5 years ago

MARKET EYE-Indian bond yields at 3-wk low; data awaited

* India's benchmark 10-year bond yield down 2
basis points to 7.89 percent from its last close, holding ground
at a 3-week low level.
* Buying has emerged ahead of crucial consumer inflation and
industrial production data set to be released on Friday, which
will help set expectations for the upcoming policy review on May
* The government will auction 150 billion rupees worth of bonds
on Friday and the papers announced were in line with
expectations, traders say. 
* Oil prices edged higher on Monday, lifted by gains in gasoline
futures and strong selling of the spread between Brent crude and
U.S. crude. 

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