10 Countries With The Highest 10-Year Bond Yields Today

10. India

10-Year Yield: 6.59% 

With the inflation growing in India, its 10-year bond yield has also gained some ground in the last couple of months, although during the first five months of 2017, the 10-year yield hovered closer to 7%. India remains one of the fastest-growing economies in the world, which is also driving its inflation higher. In August, India CPI advanced by 3.36% on the year, while the Reserve Bank of India targets a medium-term inflation rate of 4%. In the last four quarters, India’s economic growth has shown signs of slowdown amid a growing rupee hurting exports. With hurting exports, India’s trade deficit is widening, which can further raise the inflation rate. To address these issues, the Reserve Bank of India has cut interest rates earlier this year.

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