Indian government, RBI to discuss bond yield surge at borrowing meeting

New Delhi

INDIA'S finance ministry will raise its concerns about the sharp rise in market bond yields when it holds a meeting this week with the central bank to discuss government borrowing plans for the year, two people familiar with the matter said.

A persistent rise in bond yields has raised worries among senior government officials about a potential increase in overall interest rates in the economy.

India's spike in yields comes as worldwide concerns about inflation and rising interest rat…