Worst still to come for Indian bond market as risk to inflation rising due to rapid fall in rupee

The 10-year yield may climb to as high as 8.25 percent by end-September if the government -- which is seeing revenue collections falling behind -- decides to add back the 500 billion rupees ($7 billion) of borrowing that it had slashed earlier this year.

from The Financial ExpressThe Financial Express https://ift.tt/2p1clHn
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