Indian bond yields rise to highest level since April 2024
pre-market1 source ↓written by the desknot a recommendation
- rose
- 3 basis points
- 7.2133%
- yields increased
- 10 basis points
Indian government bonds fell on Thursday as the benchmark 10-year yield rose 3 basis points to 7.2133%, its highest since April 2024. This week, yields increased nearly 10 basis points, the largest weekly rise since mid-August, amid global yield trends and inflation concerns. The spread between US and Indian yields is now at its tightest in over a year.
Not investment advice. For informational purposes only.