India 10-year yield tops 7% as oil rout extends losses into fourth week
ReutersSynopsis
Indian government bonds dipped this week due to a spike in oil prices, alongside a decline in global debt markets significantly affecting Treasury yields. The uncertainty surrounding the Reserve Bank of India's liquidity stance added further strain, resulting in the 10-year yield exceeding 7%. Looking ahead, investors are keenly awaiting critical inflation data and insights into future central bank policy directions.
