Indian benchmark bond yields near 7.15% due to rising U.S. Treasury yields and Fed rate hike expectations.
Indian benchmark bond yields near 7.15% as U.S. Treasury yields rise due to strong economic data, increasing expectations for the Federal Reserve's first interest rate hike. This upward trend in bond yields is also observed in Indian government bonds. Bond market analysts in India remain optimistic about the long-term potential for yields to soften.
April 08, 2024
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