RTRS:MARKET EYE-India bond ylds off lows as euro gains; profit-taking seen
* India's benchmark 10-year bond yield trades at
8.18 percent, off the day's low of 8.16 percent, following gains
in the euro after news that the ECB chief will not be attending
this week's Jackson Hole symposium.
* Traders said there was also some profit-taking seen after a
two-day rally in the bond prices.
* However, yields stayed lower on the day ahead of the
April-June quarter growth data due on Friday.
* A Reuters poll of 38 economists produced a median
forecast of 5.3 percent year-on-year GDP growth for the
April-June quarter, unchanged from January-March, which was the
slowest growth rate since the same quarter in 2003.
