10-year bond yields surge as G-sec auction devolves again

10-year bond yields surge as G-sec auction devolves again




 The yield on 10-year benchmark government securities inched up on Thursday as the Reserve Bank of India (RBI), for the second time, rejected the bids as traders demanded higher yields at the sovereign bond auction worth 31,000 crore. The 10-year G-sec closed 10 basis points higher at 6.13%.

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