Economic TimesLean R·
India 10-year yield scales two-year high as supply, global rout bite
On Monday, Indian government bond yields rose due to increasing global yields and domestic supply concerns. The benchmark 10-year bond yield reached its highest level since April 2024 at 7.1848%. Traders are reacting to India's borrowing calendar which shifted toward longer maturity bonds, increasing duration risk. Additionally, fears of more Reserve Bank of India bond sales have contributed to market volatility.
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