Mumbai’s 10-year government bond yield surged to a near one-month high of 6.57% on Monday, driven by increased supply in the Centre’s second-half borrowing and caution before the MPC decision. Despite this, bond dealers view the overall borrowing calendar positively, even with current low demand for long bonds.
​Mumbai’s 10-year government bond yield surged to a near one-month high of 6.57% on Monday, driven by increased supply in the Centre’s second-half borrowing and caution before the MPC decision. Despite this, bond dealers view the overall borrowing calendar positively, even with current low demand for long bonds. by Soban News (international And National News)