Mumbai, Oct. 23 -- The yield on the benchmark 10-year government bond is hovering around highest in four years amid as markets are eying firm crude oil prices and further interest rate hikes. The yield is currently at 7.47%. According to latest RBI monetary policy meeting minutes, RBI governor Sanjay Malhotra noted that headline CPI is projected to touch the upper tolerance band in Q3 and remain significantly above 5% in the next two quarters.

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