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Govt bonds slump on sharp rise in US yields
The Free Press Journal - Mumbai
|October 31, 2025
Government bond prices ended sharply down Thursday due to a surge in US Treasury yields and fading hopes of a December rate cut in India.
Caution before the weekly gilt auction worth INR 320 billion on Friday and a sharp fall in the rupee also drove down gilt prices, dealers said. Losses were limited by purchases from state-owned
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