India bond yields rise sharply amid supply concerns
after close1 source ↓written by the desknot a recommendation
- climbing
- 6.6678%
- the highest
- 18 Mar 2023
- through bond sales
- ₹332.20 billion
Indian government bond yields surged on Monday, with the benchmark 10-year yield climbing to 6.6678%, the highest since 18 Mar 2023. Increased state debt supply triggered a selloff, activating stop-losses that intensified pressure on yields. States plan to borrow ₹332.20 billion through bond sales on Tuesday, raising fiscal concerns and muted demand from institutional investors.
Not investment advice. For informational purposes only.