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Economic dataEconomic Times

India 10-year bond yield reverses half of last week's drop

Negative-78

GreyOak summary

Indian 10-year government bond yields rose 12 basis points to 7.3079% as investors reassessed the interest-rate outlook. This reversal followed elevated domestic inflation of 6.09% in October and stronger-than-expected US inflation data.

What it affects

  • CPI inflationNegative -78

    Retail inflation accelerated to 6.09% in October.Rolling sentiment Negative -56

Source

Read the original at Economic Times

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