Why Budget hampered the debt market with rising yields – Economic Times
Why Budget hampered the debt market with rising yields – Economic Times
MUMBAI: The Union budget dented debt market sentiment after Finance Minister Nirmala Sitharaman announced larger borrowing plans to finance the widening budget deficit, exceeding average expectations in the market. Benchmark bond yields jumped 17 basis points, pushing prices down as investors sought central bank intervention to stop the stock market crash. The gauge touched about […]
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