India Bond Yields Steady Amid Anticipation of U.S. Economic Data

Indian 10-year government bond yields stood firm at 6.76% on Thursday, March 6, 2025, as markets expect the upcoming U.S. economic releases. Recent steps taken by the Reserve Bank of India to ensure excess banking liquidity through the purchase of bonds and currency swaps have also ensured stability in bond yields. The moves are expected to facilitate the transmission of monetary policy and underpin growth in the economy. Market players are anxiously awaiting soon-to-be released U.S. non-farm payroll data that will provide direction on whether changing Federal Reserve policy is on the horizon, driving global yield flows. 
Source: Reuters