RBI rejects all bids at Rs 23,000 crore treasury bill sale; 10-year yield climbs to 7.44%

India's central bank rejected all bids at a Rs 23,000 crore federal treasury bill auction on Wednesday amid a bond selloff that pushed borrowing costs to multi-year highs, with the benchmark 10-year government bond yield climbing to 7.44%.

Detected & updated continuously · Source: Nebula