India Bond Yields Dip Amid Rate Cut Expectations

Published 1 year ago

Indian government bond yields decreased on Monday, anticipating another rate cut by the RBI on June 6th, despite strong recent economic growth data. The 10-year bond yield fell to 6.2132%, with traders expecting further declines. Inflation is projected below the RBI’s target.

10-year bond yield dropped to 6.2132% on Monday.
RBI expected to cut rates by 25 bps this week.
Five-year bond yields are outpacing their 10-year counterparts.

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