(Bloomberg) -- India's 10-year bonds fell for a
fourth day on speculation some investors sold part of their
holdings to make room for a government debt sale today.
The yield on the benchmark bond, which moves inversely to
the price, rose to a two-week high as the federal government
prepares to auction 80 billion rupees ($1.97 billion) of eight-
year and 15-year bonds as part of its annual borrowing program.
Read more at Bloomberg Bonds News
fourth day on speculation some investors sold part of their
holdings to make room for a government debt sale today.
The yield on the benchmark bond, which moves inversely to
the price, rose to a two-week high as the federal government
prepares to auction 80 billion rupees ($1.97 billion) of eight-
year and 15-year bonds as part of its annual borrowing program.
Read more at Bloomberg Bonds News
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