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    <title>States&#039;?? borrowing costs harden to over 8 pc tracking uptick in G-sec yields amid Middle East conflict</title>
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    <description>States&#039; borrowing costs hardened in a State Development Loan auction as cut-off yields rose across long-term maturities, with several securities moving above 8 per cent. The increase tracked a broader rise in government bond yields amid global oil price pressures, inflationary concerns and weakness in the rupee, causing some states to accept only partial borrowing amounts or reject bids. The report notes that higher bond yields may keep borrowing costs elevated and increase volatility in fixed-income markets.</description>
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