Macro and Government Bond Commentary: Yields closed lower • The 10Y benchmark (6.33 GS 2035) opened 1 bp lower at 6.56% on the back of short covering amid lack of lucrative cues. • T-Bill auction worth INR 210 Bn was fully subscribed and cut offs were, 3M – 5.51%, 6M - 5.62% and 1Y - 5.67%
