Indian Bonds Tumble as Benchmark Yield Tops 7.45%
Indian government bonds fell for a third straight session on Thursday, with the benchmark yield moving above 7.45%. Oil prices reached fresh highs, while minutes from the central bank’s latest policy meeting signalled further rate hikes.
By Dharamraj DhutiaIndian government bonds tumbled for a third straight session on Thursday, pushing the benchmark yield past its psychological level of 7.45% as oil prices notched fresh highs and minutes of the central bank's latest policy meeting signalled further rate hikes.The benchmark 6.94% 2…