RBI intervention lowers 10-year bond yields to 6% – Business Standard
RBI intervention lowers 10-year bond yields to 6% – Business Standard
On Wednesday, the Reserve Bank of India (RBI) forced the bond market to accept its will by lowering 10-year bond yields again to 6% giving a strong rate signal to open market operations (OMOs). Of the Rs 20,000 crore the central bank wanted to buy in the market through four securities, the RBI bought Rs […]
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