Economic TimesLean R·
India bonds pause rally as large debt supply, Fed decision loom
Indian government bonds ended the day unchanged on Tuesday after a recent rally, as an influx of ten-year notes and the Federal Reserve's policy decision dampened risk appetite. Market participants kept a close eye on oil prices and U.S. Treasury yields for guidance. There is an expectation of a rate increase in September from the Federal Reserve, with geopolitical tensions lingering due to Oman's proposed fees in the Hormuz Strait.
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