India 10-year bond yield tops 7.35% as RBI's liquidity clamp down hurts
On Monday, Indian government bonds experienced a significant decline due to central bank measures affecting liquidity. The benchmark 6.94% 2036 bond yield rose to its highest level in three years. The Reserve Bank of India announced it would sell 250 billion rupees of bonds to tighten liquidity. Meanwhile, the benchmark Brent crude price remained above $100 per barrel, impacting inflation.
On Monday, Indian government bonds experienced a significant decline due to central bank measures affecting liquidity. The benchmark 6.94% 2036 bond yield rose to its highest level in three years. The Reserve Bank of India announced it would sell 250 billion rupees of bonds to tighten liquidity. Meanwhile, the benchmark Brent crude price remained above $100 per barrel, impacting inflation.
Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price
Brinjal, buffalo, bacteria: Inside India’s pay-for-nature system
Homebuyers wait as NCLT panel picks holes in unfinished Jaypee projects
The NBFC saga - Part 3: How one default in 2018 changed the way RBI reads risk
Four rules made HDFC Bank a compounder. All four have stopped. Can the new CEO rewrite them?
What is the real impact of 13x jump in cash transfers to women?
The NBFC saga - Part 2: Line drawn in 2006 is reason for the headlines today
