Indian government bonds experienced a decline on Monday. This pushed the benchmark 10-year yield towards a two-week high. Traders are factoring in significant state borrowing. Demand is weak, and liquidity is tight. States plan to raise a record 5 trillion rupees between January and March. The Reserve Bank of India will purchase bonds to inject cash. U.S.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets