(Bloomberg) -- India's 10-year bonds snapped a two-day advance on speculation investors will demand higher yields at a government debt sale tomorrow.
The federal government will sell 60 billion rupees ($1.5 billion) of bonds tomorrow, taking the total amount of debt sold this month to 160 billion rupees. Bonds had posted the biggest two-day advance in two weeks after the central bank left its benchmark overnight lending rate unchanged at a quarterly policy meeting on April 24.
Read more at Bloomberg Bonds News
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