Macro and Government Bond Commentary: Yields closed lower • The 10-year benchmark government bond (6.33% GS 2035) opened steady at 6.50% on Wednesday. • Over the day, market participants booked profits amid the shift from offthe-run (6.33%, 2035) to on-the-run (6.48%, 2035). • On the domestic front, there are no significant triggers until India CPI inflation data due Oct 13.
