scorecardresearchIndia bond yields seen up as 10-year U.S. yield tops 3%

India bond yields seen up as 10-year U.S. yield tops 3%

Updated: 23 Aug 2022, 08:20 AM IST
TL;DR.
The benchmark 10-year government bond yield is likely to hover in a 7.25%-7.30% band, a trader with a private bank said. The yield has risen 9 basis points in last three sessions and ended at 7.2702% on Monday.
On Wednesday, the Reserve Bank of India (RBI) announced it had cancelled the banking licence of the beleaguered Pune-based Rupee Cooperative Bank, and directed the Registrar of Cooperative Societies to liquidate the bank (HT FILE PHOTO)

On Wednesday, the Reserve Bank of India (RBI) announced it had cancelled the banking licence of the beleaguered Pune-based Rupee Cooperative Bank, and directed the Registrar of Cooperative Societies to liquidate the bank (HT FILE PHOTO)