• Bond yields came off two-week highs to end flat as some dealers found yields attractive, even though hopes of rate cuts by the central bank in the next month were dashed after the economy grew in line with the forecasts.
• The economy grew at 4.8% in the January-March quarter, while grew 5% in 2012-13, its lowest rate in a decade.
• The old benchmark 10-year bond closed unchanged at 7.44%. It rose to as much as 7.49% earlier in the session, its highest since May 14.
• The new 7.16% GS 2023 bond, which was part of Friday's auction, was up 5 bps at 7.24%.
• The economy grew at 4.8% in the January-March quarter, while grew 5% in 2012-13, its lowest rate in a decade.
• The old benchmark 10-year bond closed unchanged at 7.44%. It rose to as much as 7.49% earlier in the session, its highest since May 14.
• The new 7.16% GS 2023 bond, which was part of Friday's auction, was up 5 bps at 7.24%.
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