India 10-Year Bond Yield Hits More Than Three-Year High
Indian government bonds slid as elevated oil prices fuelled inflation concerns, with traders awaiting minutes of the central bank's latest policy meeting. The benchmark yield hovered near its highest level since March 2023.
By Dharamraj DhutiaIndian government bonds slid on Wednesday, with the benchmark yield hovering near its highest level since March 2023, as elevated oil prices fuelled inflation concerns, while traders awaited minutes of the central bank's latest policy meeting.The benchmark 6.94% 2036 bond (IN0694…