Macro and Government Bond Commentary: Yields close higher on profit booking, RBI MPC minutes (Apr) largely along lines of policy statement • The 10Y benchmark (6.79 GS 2034) opened little changed at 6.32% despite moves lower in treasury yields. Morning trade saw yields edge higher – this was said to be on profit booking by select market participants. Yields consolidated around noon and were largely stable through the day. The 10Y point closed trade at 6.33% vs 6.32% prev
