RBI's ₹25,000 crore OMO sale, rate-hike fears spur bond sell-off; 10-year G-Sec yield surges to 7.39%, three-year high

Fears of an RBI ₹25,000 crore open market operation sale and a possible rate hike spurred a bond sell-off, with the 10-year G-Sec yield surging to 7.39%, a three-year high. September inflation came in higher than expected at 5.54%, its highest in two years.

Detected & updated continuously · Source: Nebula