Benchmark bond yields could rise 25 pp in 6 months
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An exclusive ET poll of 21 market participants, including mutual funds, brokerages, banks and rating companies, showed the likelihood of yields on the benchmark paper climbing to 6.25% by December.
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Mumbai: India's benchmark bond yields could rise about a quarter percentage point in the next six months, with inflation stoked by high transport-fuel prices and a global commodities super-cycle likely offsetting central bank efforts to hold down rates.
An exclusive ET poll of 21 market participants, including mutual funds, brokerages, banks and rating companies, showed the likelihood of yields on the benchmark paper climbing to 6.25% by December.