Tue, 2022-08-23 12:26
RIYADH: Indian government bond yields rose on Tuesday after the 10-year US Treasury yield crossed the 3 percent mark to hit a five-week high, with market participants also fretting about persistent inflationary headwinds.
Traders are also awaiting debt supply from states, which are scheduled to raise 68 billion rupees ($851.35 million) through the sale of 10-year to 24-year bonds. The size of funds, however, is less than half of 152 billion rupees they were expected to raise.
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