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VERIFIEDEconomic Times News·negative
G-Sec yields at three-year peak, could climb to 7.75% by December
AI Summary
- ·India's benchmark 10-year government bond yield is projected to reach 7.75% by December.
- ·High crude oil prices, tight liquidity, and persistent bond supply are contributing to the rising yield.
- ·Foreign portfolio investors have reduced their holdings of Indian debt, adding to market instability.