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The Economic Times News

Markets / The Economic Times

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India's 10-year bond yield hits 6.70% first time this fiscal year on supply glut

Indian government bonds experienced a further decline on Tuesday, following a significant drop the previous day. This downturn is attributed to upcoming heavy state debt supply and concerns over substantial debt sales in the final quarter of the financial year. Bond yields are rising as prices fall, with traders noting market volatility and a lack of effective central bank intervention.

23 Dec 2025 10:14 am