Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Business

India's 10-year bond falls for 10th week in record slump

Indian government bonds fell for a 10th straight week on Friday, their worst falling streak in three decades, as elevated crude prices and bets of a hawkish central bank battered the market.

India's central bank earlier this month raised the benchmark repo rate to 5.5% and shifted its policy stance to "calibrated tightening," signalling it may be prepared to tighten policy rates further if price pressures become more entrenched.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.