Bond yields ease as oil prices soften Bond yields edged down on Thursday, helped by lower oil prices, but government debt sales due this week will keep them from falling further, dealers said.
The government will sell 60 billion rupees ($1.3 billion) of 7.94 percent 2021 bonds and Rs 4000 crores of 8.28 per cent 2032 bonds on Friday. The wholesale price index may have risen 12.23 per cent in the 12 months to September 13, according to a media poll of analysts. The inflation rate in the preceding week was 12.14 per cent. The data is due around 6 pm (1230 GMT). Oil has softened slightly to below $106 a barrel on concerns over the US economy and sliding fuel demand. At 9.13 am, the 10-year benchmark bond yield was at 8.58 per cent, lower from Wednesday's close of 8.63 per cent on Wednesday. -- Visit site at – http://investorline.co.in/ Learning Center- http://learning.investorline.co.in/ Mutual funds - http://mutualfunds.investorline.co.in/ Life Insurance - http://insurance.investorline.co.in/ Investor Forums- http://forums.investorline.co.in/ Iwebs Open Source Web Publishing Platform - http://webs.investorline.co.in/iwebs/ --~--~---------~--~----~------------~-------~--~----~ Get latest market updates & search internet right from your browser-download our toolbar here- http://investorline.ourtoolbar.com/ Visit our site at – http://investorline.co.in/ Newsroom: http://newsroom.investorline.co.in/ Learning Center- http://learning.investorline.co.in/ Mutual funds - http://mutualfunds.investorline.co.in/ Life Insurance - http://insurance.investorline.co.in/ Investor Journal - http://research.investorline.co.in/ Newscatcher- http://catcher.investorline.co.in/ Interested in Financial Planning-Let us Contact you- http://spreadsheets.google.com/viewform?key=pb_z4f1_zGMg4iBBFT3-SWQ&email=true If you like the site then promote it here- https://www.freetellafriend.com/tell/?url=http://investorline.co.in/blogs/news Create your own free blog on- http://investorline.co.in/blogger Visit this group at http://groups.google.com/group/india-investor -~----------~----~----~----~------~----~------~--~---
