India 10-year bond yield at 4-month peak as higher U.S. peers hurt

U.S. Treasury prices fell as data showed that consumer spending, which accounts for more than two-thirds of economic activity, jumped 1.8% last month, while the personal consumption expenditures price (PCE) index, shot up 0.6% - the highest since June 2022 and after gaining 0.2% in December

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