Economic dataBusinessLine
G-Sec yields harden as inflation breaches 6%
Negative-51
GreyOak summary
Government security yields rose as October retail inflation hit 6.09%, exceeding the 6% tolerance limit. The benchmark 10-year G-sec yield increased by 5 basis points to 7.30%. Market participants anticipate the RBI will raise the policy repo rate by 25 basis points to 5.75% in response.
What it affects
- CPI inflationNegative -51
Retail inflation rose to 6.09% in October.Rolling sentiment Negative -65
