Saturday, March 20, 2010

India’s Interest Rate Rise ‘Sign of Things to Come’ (Update1)

http://www.bloomberg.com/apps/news?pid=20601087&sid=anLbNa7zhCzM&pos=1

Bond Yields

Benchmark 10-year bond yields have added 24 basis points this year, after rising by a record 2.3 percentage points in 2009 as investors braced for faster inflation and higher policy rates. India’s benchmark share index has rallied 95 percent and the rupee has gained 10 percent in the past year.

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