Economic TimesLean R·
Indian 10-year bond hits 4-month low on US debt rout
Indian government bonds are experiencing a downturn as the benchmark yield has surged to a four-month peak. Today's significant debt auction raises concerns about investor interest. The Reserve Bank of India is predicted to raise interest rates on October 7 amid escalating inflation and global yield dynamics. With Brent crude prices remaining high, inflationary pressures persist, prompting market watchers to keep a close eye on U.S.
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