On Wednesday, Indian government bond yields initially declined but then stabilized, remaining largely unchanged. Investors maintained a cautious stance amid concerns about the potential impact of Prime Minister Narendra Modi's narrower victory margin in his third term.
As of 10:00 a.m. IST, India's benchmark 10-year yield stood at 7.0467%, compared to its previous close of 7.0382%. The yield experienced its most significant single-session increase since October 6 on Tuesday.
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