New Delhi [India]: Borrowing costs in the bond market could increase in the coming months as upside risks to India's 10-year government bond yield continue amid an uncertain macroeconomic environment, according to a report by Bank of Baroda (BoB).
The report said the outlook for India's 10-year government bond yield remains uncertain and will depend on evolving global conditions, including war-related developments, liquidity conditions, inflation and government borrowing.