Bond markets worried: 10-year yield up 24 bps since August

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Published: October 4, 2019 5:52:45 AM

The bond markets are worried there could be a fiscal slippage on account of the loss in revenues from a shortfall in tax collections.

Bond markets, shortfall in tax collections, tax collectionsThe bond markets are worried there could be a fiscal slippage

Despite a 35 bps repo rate cut in August, the yield on the benchmark yield has risen 24 basis points and closed at 6.613% on Thursday.

The bond markets are worried there could be a fiscal slippage on account of the loss in revenues from a shortfall in tax collections.

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