Cut-off yield on 10-year G-Secs ends at 6.79% on Middle-East conflict
The cut-off yield on the new 10-year Government Security (G-Sec) came in higher at 6.79 per cent as the yield of the extant 10-year G-Sec rose in the secondary market, tracking US Treasury yields, which went up due to higher-than-expected services, PMI reading and geopolitical risks arising from the Iran-Israel conflict. Earlier market players were…