 "Government bonds, bond yield")
The government bond yields rose 8 basis points to close at 7.48 per cent on Thursday with domestic traders, hoping for decisive signs of a slowdown in the Federal Reserve’s tightening cycle, being left disappointed.
Total trade volumes in the regular secondary bond market were at Rs 21,150 crore on Thursday.
The rupee also weakened on Thursday but did not suffer the magnitude of the damage that bonds did. The rupee settled at 82.89 per US dollar on Thursday against 82.79 on Wednesday. In 2022, the rupee has depreciated 10.3 per cent against the US currency.
On Wednesday, the US
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