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The Economic Times

Markets / The Economic Times

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Fuel duty cut, states' line-up give Bond Street the jitters

The yield on India's 10-year government bond rose sharply Friday. This increase follows a cut in fuel excise duty which impacted the fiscal outlook. High state bond sales and rising oil prices also contributed to the jump. The benchmark yield has seen its biggest weekly rise since May 2022.

28 Mar 2026 7:27 am