Economic TimesLean R·
India bonds jump as oil crashes, dovish RBI may further boost rally
Indian government bonds saw a notable rise on Wednesday morning, propelled by falling oil prices that created a favorable outlook for inflation prior to the upcoming RBI policy announcement. The Reserve Bank of India is anticipated to hold steady on key interest rates. Inflation projections will significantly inform the central bank's advice, while overnight index swap rates dipped sharply in the initial trading session.
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