Government bond prices opened down on Thursday

the weekly bond auction as market participants are selling before it and on the other hand oil prices are also high, currently trading near $84 a barrel. Reserve Bank of India has scheduled three government auctions worth Rs 24,000 cr. Fall in US Treasury yields may have capped the losses. the 6.10%-2031 bond traded at Rs 98.3575 or 6.3269% yield compared with Rs 98.4400 or 6.3153% yield at open on Thursday and Rs 98.4450 or 6.3145% yield at close on Wednesday.