Indian Bonds Are Poised For The Worst Weekly Decline Since December 2019

Indian Bonds Are Poised For The Worst Weekly Decline Since December 2019.

  • Yield on benchmark 10-year government bonds climbed 5bps to 6.94% Friday and is up 19bps this week.
  • This is the biggest weekly jump since December 2019 and come after the government unveiled record borrowing plan for the next year.

Source: Bloomberg

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