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The Economic Times
The Economic Times
Business

HISTORICAL FACTS: India bonds slide for sixth week as global rout deepens - Caught on Camera

Rising global borrowing costs and elevated oil prices extended Indian government bonds' losing streak to a sixth week on Friday, while investors cautiously positioned for a likely Reserve Bank of India rate hike next month.

The benchmark 6.94% 2036 bond yield rose 1 bp to 7.1194% on Friday, up 5 basis points on the week and about 36 bps over six weeks.

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