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Inflation and lockdown worries weigh on G-secs; yields rise 10 bps

Inflation and lockdown worries weigh on G-secs; yields rise 10 bps SECTIONS Share Synopsis The move came on a day when the Reserve Bank of India conducted its first government securities acquisition programme (G-SAP), a mechanism to keep rising yields under check. Shutterstock.com Related MUMBAI: The benchmark bond yield surged Thursday pulling prices down as an unexpected wholesale price rise coupled with an estimated economic cost of localised lockdown weighed on investor sentiment. The move ...
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