New Delhi, Sept. 15 -- A bond yield broadly represents the return an investor can earn from a bond at its prevailing market price. When yields rise, existing bond prices generally fall, which can hurt debt funds holding longer-duration bonds.

According to TradingView, the India 10-year government bond yield stood at 7.073% on 15 September, crossing the 7% mark.

For debt fund investors, the key question is whether these higher yields are an opportunity to earn better income or whether taking longer-duration exposure could add to interest-rate risk. Here's what you need to know.

The benchmark 10-year government security (G-sec) yield rose from around 6.81% at the beginning of August to about 6.95% by month-end, as higher crude oil prices...