Indian bond yields steady ahead of bond auction

MUMBAI, Nov 6 (Reuters) - Indian federal bond yields were largely steady in early trade on Friday as traders awaited the results of the 90-billion-rupee bond auction later in the day.

* At 9:10 a.m., the yield on the Indian 10-year benchmark bond IN069019G=CC was at 7.30 percent, one basis point above Thursday's closing of 7.29 percent.

* Dealers said higher U.S. yields overnight also weighed on the domestic sentiment as a stock market rally depleted the bid for safe-haven U.S. government debt on Thursday as investors showed a willingness to shoulder riskier assets after data indicated an improvement in the jobs market. [US/]

* The central bank said it will auction 7.32 percent bonds maturing in 2014 for 30 billion rupees, 6.35 percent 2020 bonds for 40 billion rupees and 7.5 percent 2034 bonds for 20 billion rupees. (Reporting by Neha D'silva; Editing by Prem Udayabhanu)