(Bloomberg) -- India's 10-year bonds fell for a second day on speculation investors will demand higher yields as a government debt sale today boosts supply of debt.
The yield on the benchmark 8.07 percent note due January 2017 rose 2 basis points, 0.02 percentage point, to 8.07 percent as of 9:26 a.m. in Mumbai, according to data compiled by Bloomberg. The price, which moves opposite to yields, fell 0.12, or 12 paise per 100 rupee face value, to 100.
Read more at Bloomberg Bonds News
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