India 10-Year Bond Yield Surges To 7.35% As RBI's ₹25,000 Crore OMO Sale, Rate Hike Rattle Markets
Indian government bond yields climbed sharply on Monday, Oct 12, as the Reserve Bank of India's (RBI) measures to withdraw liquidity intensified selling pressure in the debt market. The benchmark 6.94% government security maturing in 2036 opened at a yield of 7.3553%, compared with Friday's closing level of 7.2994%. Investors remained cautious following the central bank's recent interest rate…
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