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Bond yields cross 7% as RBI cuts 3-year bond auction acceptance
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.
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economictimes.indiatimes.com
India's 10-year bond yield surpasses 7% on rising oil, Treasury yields
Indian government bonds experienced a sharp decline in early trading on Friday. The benchmark ten-year bond yield climbed past seven percent, reaching a three-month high. This…
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thehindubusinessline.com
RBI partially cancels debt sale for first time in a year as rates spike
RBI partially cancels debt sale amid rising yields, signaling potential monetary policy shifts influenced by global economic factors.
