Stellar Bond Auction Sends India Yields to Lowest Since 2009
The portrait of Mahatma Gandhi is displayed on Indian rupee banknotes in an arranged photograph in Bangkok, Thailand. (Photographer: Brent Lewin/Bloomberg)

Stellar Bond Auction Sends India Yields to Lowest Since 2009

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(Bloomberg) -- India’s sovereign bonds rallied after the government sold a new 10-year note at a yield lower than market expectations.