Bond Investors To Test India's Yield Comfort In First Auction Of Year

Yields on 10-year bonds have climbed nearly 50 basis points, to around 6.44%, since late March, when the Reserve Bank of India (RBI) delivered a bigger-than-hoped 75 bps rate cut and infused large amounts of cash into the system.

RBI Eases FII Buying Norms In Debt Markets