10-year gilt yield tops 7 per cent, hits 20-month high
MUMBAI : As the stock and the forex market witnessed huge volatility on Monday, the benchmark yield on 10-year govt securities (G-Secs) jumped to close fiscal 2025-26 (FY26) above the 7 per cent mark, a level not seen since July 2024. During March, the benchmark yields rose 37 basis points (100 basis points = 1…