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India 10-year bond yield reverses half of last week's drop on elevated inflation

Publié par The Economic Times · Inde il y a 57 min
India 10-year bond yield reverses half of last week's drop on elevated inflation
The Economic Times

Résumé détaillé

Indian government bonds fell for a third consecutive session, driven by inflation and interest-rate outlook concerns. The benchmark yield increased to 7.3079%, reversing much of…

Indian government bonds fell for a third consecutive session, driven by inflation and interest-rate outlook concerns. The benchmark yield increased to 7.3079%, reversing much of last week's gains. Retail inflation in India accelerated, surpassing the Reserve Bank of India's target range, which raises rate hike expectations. In the US, rising Treasury yields and inflation data led to altered rate hike projections.

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