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The Economic Times
The Economic Times
Business

India bonds slide as US Treasury rout, supply weigh

Indian government bonds sank in a volatile trade on Thursday, pressured by surging US Treasury yields and heavy supply ahead of the central bank's policy decision next week.

The US benchmark scaled 4 basis points and was last at 5.34%, its highest since 2002, while Brent crude futures climbed back up above $100 adding to the pressure.

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