Re ends weaker at 44.91/$

MARKETS REPORT

The government securities market fell tracking the yields in the US treasury market.

US bond yields moved up following robust revised non-farm payroll data last week.

While long-term papers moved up by 30-40 paise, short- and medium-term papers fell by 4-5 paise even as prices rebounded towards the end of the trading session.

The yield on the 10-year benchmark paper closed at 7.65 per cent.

The call rates ruled around 6.80-7 per cent even as the liquidity situation improved marginally following an absorption of around Rs 8000 crore from the market.