(Bloomberg) -- India's 10-year bonds dropped as
yields at the lowest in more than two weeks deterred investors.
Bonds also declined after the rate at which banks lend to
each other rose to the highest this month, spurring concern
surplus cash at banks will dwindle, leaving investors with less
money to buy debt. Near-zero interest rates in the money market
partly helped bonds yesterday extend last week's advance.
Read more at Bloomberg Bonds News
yields at the lowest in more than two weeks deterred investors.
Bonds also declined after the rate at which banks lend to
each other rose to the highest this month, spurring concern
surplus cash at banks will dwindle, leaving investors with less
money to buy debt. Near-zero interest rates in the money market
partly helped bonds yesterday extend last week's advance.
Read more at Bloomberg Bonds News
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