Treasury heads in buying mode as 5-year yield jumps
· economictimes.indiatimes.com
With government bond yields now at attractive levels, treasury heads are actively thinking about making purchases. After the RBI's FCNR(B) scheme ended, the five-year bond yield closed at 6.52%. Although there's speculation about a delay in renewed buying due to upcoming policy minutes, the banking sector's liquidity remains robust, with funds ready to be invested shortly.
ET Bureau Govt bond yields have risen 15-17 bps after central bank shortened the FCNR(B) scheme’s duration by a month
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