Mumbai, Sept. 11 -- India's government bond yields hit fresh three-month high, breaking above 7% mark today. The local 10-year bond yield is up marginally at 7.02%. Firm cues from global debt markets pushed up the yields as sentiments remained cautious ahead of the US consumer price inflation data later on today. The benchmark 10-year Treasury yield hit near 5% yesterday, testing three-year highs. India is also set to release its inflation data next week.

Published by HT Digital Content Services with permission from Capital Market....