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The Economic Times
The Economic Times
Business

US Treasury selloff pushes India 10-year bond yield towards 7%

United States US Treasury India Bonds Inflation Oil Monetary Policy

Indian government bonds ​fell sharply at the start of ​the month, pushing the benchmark yield towards 7.00% as ​U.S. Treasury yields jumped after fresh military escalation between Iran and the United States.

The yield on the benchmark 6.94% 2036 bond was at 6.9559% as of 10:00 ‌a.m. IST on ⁠Tuesday, ⁠after closing at 6.9452% on Monday. It earlier rose to 6.9653%, its highest since June ​8.

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