{"id":515027,"date":"2022-08-18T09:44:28","date_gmt":"2022-08-18T04:14:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=515027"},"modified":"2022-08-18T10:43:48","modified_gmt":"2022-08-18T05:13:48","slug":"govt-bonds-rupee-strengthen-as-crude-prices-plunge-on-growth-concerns","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-bonds-rupee-strengthen-as-crude-prices-plunge-on-growth-concerns\/","title":{"rendered":"Govt bonds, rupee strengthen as crude prices plunge on growth concerns"},"content":{"rendered":"<p>Government bond yields plummeted on Wednesday as speculation of India\u2019s sovereign debt being included on global bond indexes and a recent slump in crude oil prices bolstered the market\u2019s appetite, dealers said.<\/p>\n<p>Yield on the 10-year bond \u2014 \u20186.54 per cent 2032\u2019 \u2014 hurtled 10 basis points to close at 7.19 per cent on Wednesday. Bond prices and yields move inversely \u2014 one basis point fall in yield on the 10-year paper corresponds to a rise in price of roughly seven paise.<\/p>\n<p>The rupee settled at 79.45 per US dollar as against 79.66 in the previous close.<\/p>\n<p>The bond and currency markets re-opened after an extended weekend as Monday and Tuesday were trading holidays on account of Independence Day and Parsi New Year, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Government bond yields plummeted on Wednesday as speculation of India\u2019s sovereign debt being included on global bond indexes and a recent slump in crude oil prices bolstered the market\u2019s appetite, dealers said. Yield on the 10-year bond \u2014 \u20186.54 per cent 2032\u2019 \u2014 hurtled 10 basis points to close at 7.19 per cent on Wednesday. Bond prices and yields move inversely \u2014 one basis point fall in yield on the 10-year paper corresponds to a rise in price of roughly seven paise. The rupee settled at 79.45 per US dollar as against 79.66 in the previous close. The bond and [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-515027","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/515027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=515027"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/515027\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=515027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=515027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=515027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}