On Friday, benchmark government bond yields climbed by five basis points, surpassing the 7% threshold. The Reserve Bank of India managed to accept less than half of the amount it had targeted in a three-year bond auction. Factors such as high global risk-free rates and escalating crude oil prices are exerting pressure on Indian bonds.
On Friday, benchmark government bond yields climbed by five basis points, surpassing the 7% threshold. The Reserve Bank of India managed to accept less than half of the amount it had targeted in a three-year bond auction. Factors such as high global risk-free rates and escalating crude oil prices are exerting pressure on Indian bonds.
<iframe src="https://hindustansphere.com/embed/cluster/e099e0c0505edac8a227cc90c9ee5b3d7aeaae50" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="10-year bond yield crosses 7% as RBI trims auction bids"></iframe>
