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Dovish RBI prods benchmark yield to 40-month low

Financial Express Lucknow

|

April 10, 2025

BONDS RALLY

- AGENCIES

DEFYING A GLOBAL selloff, government bond yields extended their declining streak on Wednesday, with the benchmark bond yield closing at a fresh multi-year low after the Reserve Bank of India's (RBI) dovish monetary policy decision and guidance triggered fresh investor purchases. The benchmark 10-year bond yield ended at 6.4432%, its lowest level since December 20, 2021, and down from its Tuesday's clo

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