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The Economic Times

Markets / The Economic Times

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India bonds sell off on government's record borrowing plan

Indian bonds experienced a sharp decline following the federal budget, with the 10-year benchmark yield reaching a near-year high. This downturn was driven by record government borrowing plans, dampening investor sentiment. Elevated yields will increase borrowing costs across the economy and complicate the central bank's efforts to support growth.

2 Feb 2026 10:57 am