Bond Yield Rises to 7.44% Amid High Oil Prices and Global Cues
The 10-year benchmark bond yield rose to 7.44% driven by higher oil prices and global market trends. The Reserve Bank of India rejected all bids in a recent treasury bill auction, where the government sought to raise ₹23,000 crores but faced bids with significantly higher yields. Analysts predict a possible 50 basis point rate hike by the RBI in December.
ET Markets·


