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India 10-year bond set for selloff after government boosts supply in borrowing plan
The Economic Times· 2025-09-29 03:10
The yield on the 10-year benchmark note is expected to move between 6.53% and 6.58%, a trader at a private bank said. It closed at 6.5231% on Friday. Bond yields move inversely to prices. "Spreads between the longer end and the 10-year bond yield should come down as the benchmark paper will be under tremendous selling pressure," the trader said. New Delhi reduced the amount of ultra-long bonds in its fiscal second-half borrowing plan after suggestions from investors, shifting some of the borrowing to short ...