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India 10-Year Government Bond Yield Hits Three-Year Peak

The yield is up 78 basis points in four months, with traders warning it could climb to 7.75% by December.

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up 78 basis points in the past 4 months Rozebud Gonsalves Mumbai: India's benchmark 10-year government bond yield is headed toward levels last seen during the 2022-23 tightening cycle, with traders warning that elevated crude oil prices, persistent debt supply, tight banking-system liquidity and ex…