India Treasury Bill Yields Jump 20 Basis Points
Indian government ultra-short-term borrowing costs rose to levels last seen almost two years ago, while the premium over the benchmark policy rate reached a more-than four-year high.
By Dharamraj DhutiaThe Indian government's ultra-short-term borrowing costs on Wednesday jumped to levels seen almost two years ago, with the premium over the benchmark policy rate rising to a more-than-four year high, as investors continue to price in more aggressive monetary policy tightening.Her…