
Business & Finance
Oct 25•5 min read
RBI Scraps Treasury Bill Auction to Curb Rising Yields
India's central bank rejects all competitive investor bids after demanding discount rates threaten short-term sovereign borrowing costs.
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India's central bank rejects all competitive investor bids after demanding discount rates threaten short-term sovereign borrowing costs.

French sovereign borrowing rates hit their highest level since 2002 as nationwide street demonstrations unnerve European debt markets.