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RBI Rejects T-Bill Bids, Bond Yield Hits 7.44%

 RBI Rejects T-Bill Bids, Bond Yield Hits 7.44%

The Reserve Bank of India (RBI) accepted no bids in the latest Treasury bill auction, while the 10-year government bond yield climbed to 7.44%. The development signals changing conditions in the government securities market, as investors monitor interest rates, liquidity and borrowing costs. The rise in bond yields could influence market sentiment and the cost of government borrowing.

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RBI Rejects T-Bill Bids, Bond Yield Hits 7.44% | The Profit Post