By CNBC-TV18 Aug 10, 2018 9:09:55 AM IST (Published)
he rise in oil prices, fears of fiscal slippage before the General Elections and higher US interest rates have pushed for a yearlong sell-off in the Indian bonds, the report mentioned.
India's 10-year sovereign yield is likely to climb to 7.90 percent by year-end from the current 7.76 percent, according to Bloomberg.
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The report said that the sovereign yield will rise to eight percent by March-end, matching the three-year high reached in June.
The rise in oil prices, fears of fiscal slippage before the General Elections and higher US interest rates have pushed for a yearlong sell-off in the Indian bonds, the report mentioned.