Economic TimesLean R·
India bonds slip as traders wait for hawkish central bank action
Indian government bonds have seen a downward trend as market participants speculated on tighter monetary policies from the central bank. The yield on the 6.94% 2036 benchmark bond climbed to 7.2213%. Analysts forecast a 25 basis point boost in the RBI's key policy rate. Investors are attentively looking for additional liquidity strategies from the RBI, with future outcomes expected to depend significantly on inflation and growth outlooks.
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