BusinessPhoto: NDTV WorldIndia's Bond Market Faces Losses Amid Rising Yields and Inflation
India's government bonds have become cheaper due to rising yields caused by oil prices, war, and a hawkish Reserve Bank of India. The 10-year bond yield rose to about 7.46% on October 23, following the RBI's repo rate hike to 5.50% on October 7. Retail inflation hit 5.54% in September, and wholesale inflation reached 11.39%, impacting gilt funds with their worst returns since 2014. Higher yields may offer new investment opportunities despite losses for current holders.
NDTV World·


