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Government bond yields edge higher on OMO sales, Fed rate bets

Mumbai: Government bond yields rose on Tuesday after the central bank announced bond sales in the shorter tenure segment late on Friday, increasing supply in the bond market. Retail inflation at a 20-month high also caused yields to increase, as it stoked expectations of a rate hike as early as next month.Read more: Prashant Jain’s 3P India among anchors as Hero Motors raises Rs 300 crore ahead of IPOYields of 10-year benchmark bond rose 7 bps to 7.07%, and the five-year bond by 17 bps to 6.79%…

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Economic TimesLean R·3h ago
Government bond yields edge higher on OMO sales, Fed rate bets
Mumbai: Government bond yields rose on Tuesday after the central bank announced bond sales in the shorter tenure segment late on Friday, increasing supply in the bond market. Retail inflation at a 20-month high also caused yields to increase, as it stoked expectations of a rate hike as early as next month.Read more: Prashant Jain’s 3P India among anchors as Hero Motors raises Rs 300 crore ahead of IPOYields of 10-year benchmark bond rose 7 bps to 7.07%, and the five-year bond by 17 bps to 6.79%…
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Government bond yields edge higher on OMO sales, Fed rate bets

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Government bond yields edge higher on OMO sales, Fed rate bets

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