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The Economic Times
The Economic Times
Business

Aggressive RBI measures hand India bonds a ninth weekly loss

Indian government bonds nursed losses for a ninth straight week, battered by the Reserve Bank of India's rupee defence, which has sharpened its tightening bias, clouded the policy outlook and sapped demand for debt.

The benchmark 6.94% 2036 bond yield rose around8 basis points this week to 7.3789%, extending its nine-week climb to over 62 bps.

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