India 10-year yield ends at 7.2% in biggest single session rise of 2023 on high crude oil prices
The 10-year benchmark 7.18 per cent 2033 bond yield ended at 7.2414 per cent after ending at 7.1704 per cent in the previous session. The yield posted its biggest single-session rise since November 3, 2022.
Indian government bond yields climbed on Thursday, September 28, with the benchmark yield posting its biggest single-session rise in 2023, triggered by a relentless rise in oil prices as well as Treasury yields, while debt supply further hurt, according to a report by news agency Reuters.
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