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Global Bond Selloff Sinks Sixth Sovereign Debt Auction in India

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Global Bond Selloff Sinks Sixth Sovereign Debt Auction in India

“Caught between home cues and a worldwide squeeze in charges, a repricing of the yield curve (greater) lies forward,” Radhika Rao, chief India economist at DBS Financial institution in Singapore, wrote in a notice. That’s “in sync with the evolving dynamics of an improved progress outlook, decrease liquidity surplus and above-target inflation.”

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