RBI Sends Signal to Traders That Bond Yields May Head Higher
The Reserve Bank of India regional headquarters stand in New Delhi, India. (Photographer: T. Narayan/Bloombergrg)

RBI Sends Signal to Traders That Bond Yields May Head Higher

(Bloomberg) -- Traders of India’s bonds were unnerved after the central bank cued that rising yields are here to stay by offering surprisingly high borrowing costs at a debt sale.
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