India bond yields may rise tracking US peers – Markets

MUMBAI: Indian government bond yields are likely to rise in early trading on Monday, mirroring U.S. yields after the closely watched non-farm payrolls report showed continuing strength in the U.S. labour market.

The 10-year benchmark bond yield is expected to trade in the 7.23-7.26% range following its previous close at 7.2348%, a trader with a private bank said.

“The 10-year U.S. yield…