Indian bond yields dropped while the rupee rose on Thursday after the U.S. Federal Reserve raised interest rates in line with expectations while keeping the outlook unchanged.
The government`s announcement of 200 billion rupees worth of bond buyback also helped sentiment for domestic bonds.
The benchmark 10-year bond yield was down 3 basis points at 7.14 percent by 0335 GMT, while the partially convertible rupee was at 64.29 per dollar versus its previous close of 64.4450.
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