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Gilts down on rise in US yields, heavy Jan-Mar state bond calendar

The Free Press Journal - Indore

|

January 02, 2025

Government bond prices ended lower due to a rise in US Treasury yields and because the borrowing calendar of states for Jan-Mar was higher than expected, dealers said.

- Informist

Traders began trimming their holdings of the most traded 6.79%, 2034 bond ahead of the weekly gilt auction on Friday.

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