India's 10-year bond yield rises near 7%
Mumbai, April 28 -- Indian bond yields moved up modestly after rising from around three-week low last week. The 10-year Treasury yield edged up to 6.98%. Domestic bond market is eying the month-end data on government finances. The yield on the 10-year US Treasury note zoomed up to three-week high at 4.37% mark amid soaring crude oil prices. University of Michigan data showed this week that long-term inflation expectations in the US went up to 3.5%, higher than recent months.
Published by HT Digital Content Services with permission from Capital Market....
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