10-year bond yield drops below 6.5% after 3 years
The benchmark 10-year bond yield fell below 6.5% for the first time in over three years due to easing liquidity, the Indian government's borrowing strategy, and a stable rupee. Expectations of an RBI interest rate cut further supported the rally in government bond prices.
The benchmark 10-year bond yield fell below 6.5% for the first time in over three years due to easing liquidity, the Indian government's borrowing strategy, and a stable rupee. Expectations of an RBI interest rate cut further supported the rally in government bond prices. What's Your Reaction?
