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India bonds fall as oil tops $100/bbl, reviving inflation concerns

Indian government bonds weakened as Brent crude oil prices surged past one hundred dollars. This surge rekindled inflation concerns and darkened the interest rate outlook for the nation. Selling pressure on bonds was contained by significant banking system liquidity surpluses. The Reserve Bank of India conducted operations to absorb excess cash from the system. Investors now await upcoming inflation data and policy rate decisions from the US and India.

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Economic TimesLean R·2h ago
India bonds fall as oil tops $100/bbl, reviving inflation concerns
Indian government bonds weakened as Brent crude oil prices surged past one hundred dollars. This surge rekindled inflation concerns and darkened the interest rate outlook for the nation. Selling pressure on bonds was contained by significant banking system liquidity surpluses. The Reserve Bank of India conducted operations to absorb excess cash from the system. Investors now await upcoming inflation data and policy rate decisions from the US and India.
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India bonds fall as oil tops $100/bbl, reviving inflation concerns

How 1 sources are covering this

India bonds fall as oil tops $100/bbl, reviving inflation concerns

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