India Bond Yields Dip Amid Rate Cut Expectations

Published 10 months 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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