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The Economic Times

Markets / The Economic Times

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India bonds log worst week in FY27 on RBI surprise U-turns

Indian government bonds encountered significant challenges this week, marking the worst week of the financial year. The Reserve Bank of India's hawkish policy minutes triggered a selloff, compounded by the early closure of a diaspora-deposit hedging facility. Additionally, soaring crude oil prices heightened inflation concerns and rate hike fears in India, culminating in a notable increase in bond yields.

21 Aug 2026 6:36 pm