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The Economic Times
The Economic Times
Business

India 10-year yield scales two-year high as supply, global rout bite

Reserve Bank of India Bonds RBI

Rising global yields and fresh domestic supply concerns hammered Indian government bonds on Monday, propelling the benchmark 10-year yield to an over two-year high.

The benchmark 6.94% 2036 bond yield climbed 6.5 basis points to 7.1848%, hitting its highest level since April 2024.

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