India's 10-Year Bond Yields Rise After 10-Week Decline
Indian government bonds have fallen for ten consecutive weeks, marking the worst decline in 30 years. Rising crude oil prices and a hawkish central bank stance, including a recent repo rate hike to 5.5%, have pressured the market. The 2036 bond yield increased to 7.4740%, signaling rising yields that could impact India's import costs and inflation outlook.
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