Economic TimesLean R·
India 10-year bond yield sees biggest monthly rise in FY27 on rising rate hike bets
On Monday, Indian government bonds faced a notable drop, reflecting market unease. The benchmark 10-year yield marked its sharpest monthly increase of the fiscal year, fueled by rising oil prices and the Reserve Bank of India's aggressive monetary policy. Additionally, the Federal Reserve's recent indications added pressure on the bond market. This downturn raises serious concerns regarding India's inflation prospects and government financial stability.
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