India’s Treasury-Bill Yields Surge on Rate-Hike Expectation
India’s treasury bill yields surged at a weekly auction, signaling fixed-income traders are starting to price in potential interest-rate hikes by the central bank.
By Malavika Kaur Makol · Bloomberg Markets
India’s treasury bill yields surged at a weekly auction, signaling fixed-income traders are starting to price in potential interest-rate hikes by the central bank.