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Market move● Neutral for Indian equities
Bond yields rise, rupee weakens as oil prices climb
- Ten-year bond yield hits 7.19%, highest in two years
- India 10-year yield scales two-year high as supply, global rout bite
- RBI may shift govt borrowing towards shorter tenures in H2
- India 10-year yield hits over two-year high as supply angst adds to global woes
- Oil price rise puts more pressure on government bonds