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Bond yield soars to five-yr high of 9.25% as rupee bleeds

Last Updated: Monday, August 19, 2013, 22:01

The benchmark 10-year government bond yield zoomed to a five-year high of 9.25 percent Monday after rupee plunged below 63-mark and on the concern that liquidity tightening steps by Reserve Bank will continue for some more time, said treasury officials.