The rise in 10-year G-sec yield shows an imminent rate hike3 min read . Updated: 07 Jun 2022, 12:44 AM IST
- Yield on 10-year G-Sec breaches the 7.5% mark after three years
- Five of 10 economists in a Mint poll expect the RBI to raise the repo rate from the current 4.4% to 4.9%
MUMBAI : Yield on the 10-year sovereign bond breached the 7.5% mark for the first time in more than three years as traders priced in a more aggressive pace of interest rate hikes ahead of the central bank’s monetary policy committee’s announcement on Wednesday.
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