Indian bond yields saw a significant jump, reaching their highest point since January last year. This surge was driven by soaring crude oil prices and the possibility of global central banks increasing interest rates. The 10-year benchmark government bond yield rose sharply. Market sentiment remained cautious despite diplomatic efforts easing immediate tensions.
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week
BSE’s derivatives activity fell sharply in the first week of the Closing Auction Session, but higher premiums more than offset the decline in contracts. Premium