Macro and Government Bond Commentary: Yields closed higher today • The 10Y benchmark (6.33 GS 2035) opened 1 bp up at 6.54%, as market participants-maintained caution ahead of IGB auction. • RBI offered 5.91% GS 2028 at 6.0032% for - INR 60 Bn and 6.33% GS 2035 at 6.5553% for INR 300 Bn.
