Macro and Government Bond Commentary: Yields closed higher • On Friday, the 10Y benchmark (6.33 GS 2035) opened flat at 6.46% ahead of the weekly gilt auction and India’s CPI inflation data. • India’s August CPI inflation came at 2.07% compared to expectations of 2.10% and 1.55% in July, on the back of fading "base effect" and rising food price. The core CPI inflation stayed unchanged at 4.1%
