Indian bond yields edge down as US Treasuries and oil cool

India's benchmark 10-year bond yield fell 3 basis points to 7.4091% as falling US Treasury yields and softer oil prices offset pressure from a weaker rupee and an upcoming large debt sale.

India's benchmark 10-year bond yield fell 3 basis points to 7.4091% as falling US Treasury yields and softer oil prices offset pressure from a weaker rupee and an upcoming large debt sale.

Britain's Debt Management Office raised £4.5 billion through 5-year gilts priced to yield 5.036%, the highest level for that maturity since 2008, just before the government unveils its budget.

A sharp rise in global bond yields earlier in October has hit Asia-focused bank shares and raised concerns about capital buffers ahead of third-quarter earnings from HSBC, Standard Chartered and DBS.