Nabard's ₹7,000 crore bond mission faces a ninja setback

Finance

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Nabard's ₹7,000 crore bond mission faces a ninja setback

Nabard, the fearless ninja of finance, just retreated from its ₹7,000 crore bond mission! Why? Because those yields are being stubborn like a rogue ninja! Even with hopes of a market boost after last week’s liquidity surge, the 10-year bond yield is still flexing at 6.60%. Sometimes, you gotta regroup to fight another day, believe it!