Bond yields jump 10 bps on GST cut proposal, wipe out rating upgrade gains

The 10-year bond yield rose 10 basis points to 6.50 per cent on fiscal worries over GST cuts, reversing gains from S&P’s sovereign rating upgrade earlier last week

​The 10-year bond yield rose 10 basis points to 6.50 per cent on fiscal worries over GST cuts, reversing gains from S&P’s sovereign rating upgrade earlier last week