India 10-year bond yield briefly tops 7% amid global debt rout
Indian government bonds slid early Wednesday, with the benchmark 10-year yield briefly topping 7% for the first time in three months. The 6.94% 2036 bond yield was cited as the benchmark during the move.
By Khushi MalhotraIndian government bonds sank early on Wednesday, with the benchmark 10-year yield briefly topping 7% for the first time in three months as a deepening global debt selloff and a fresh spike in oil prices rattled investors.The yield on the benchmark 6.94% 2036 bond (IN069436G=CC) wa…