Business · Markets · 1 hr ago

Indian 10-year bond yields reach highest level since March 2023

Indian 10-year bond yields reach highest level since March 2023

Indian bonds faced pressure from efforts to defend the rupee and from inflation.

On Monday, yields on benchmark 10-year bonds jumped.

They reached their highest level since March 2023.

A bond yield is the return investors demand for holding a bond.

When yields rise, borrowing through bonds can become more expensive.

The available information does not say what measures may follow.

Sources

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