The gains will be capped as the central bank's record surplus transfer to the government has boosted market sentiment
Inflation accelerated in the first quarter on strong domestic demand after moderating for much of last year
Barclays' Kotecha eyes $20-$25 billion, with upside risks as an attractive carry, stable currency, and a positive macro backdrop and fiscal picture make Indian bonds attractive
Iran ended its retaliatory attack with no significant damage to Israel, and the US said it did all it could to avoid an open warfare erupting between the two countries
Market participants said that the 7.12 per cent yield on the benchmark bond faces technical resistance and it might sustain as long as US yields do not surge further
"We feel that beyond the middle of this calendar year, by the July-September quarter, we could see the benchmark bond yield touching at least 6.75% if not lower," said B. Prasanna
The fall in US Treasury yields and foreign portfolio investor (FPI) inflows further aided rupee and bonds
Indian government bond yields were largely flat on Wednesday in yet another trading session, amid consolidation after their recent decline and as traders awaited more directional triggers
Foreign inflows of Rs 47,105 crore into debt in CY23 at 6-year high
The government plans to sell Rs 10,000 crore ($1.2 billion) of a 2073 bond on Friday, according to the Reserve Bank of India.
Fund managers of dynamic bond funds, too, hold divergent views currently
The AAA-rated bond yields settled at 7.83-7.92 per cent on Monday, whereas, the yields on AA-rated bonds settled at 8.63-8.66 per cent
The significant rise in US Treasury yields was based on the view that the US Federal Reserve might keep the rates higher for an extended period
The yield on the benchmark 10-year bond settled at 7.24 per cent, against 7.17 per cent on Wednesday
The five-year swap rate rose by nine basis points to settle at 6.78 per cent on Friday, against 6.69 per cent on Thursday
Traders rushed to buy bonds in early trade after reports that the chances of bond inclusion in JP Morgan's emerging market index have become high after Russia's exit
The yield on the benchmark 10-year bond remained flat in August and moved in a narrow range throughout the month
The benchmark 10-year government bond yield settled at 7.20 per cent, while the new 10-year bond yield settled at 7.18 per cent
New 10-year bond expected next week
The initiative, known as Project Eden, also introduced a digital Payment Token as a fundamental component of the settlement process