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Bond yields up 10 bps
Financial Express Chandigarh
|August 19, 2025
The yield on the 10-year benchmark bond erased all gains made in the previous session as fiscal concerns overtook the rating upgrade by S&P. The yield rose 10 basis points (bps) to close at 6.50% on Monday, the biggest fall in two years.
"The market is concerned about potential fiscal slippages arising from GST rationalisation, with expectations that the government may resort to additional borrowing. This uncertainty weig
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