India Bond Yields Steady, Rate Cut Expected

  Published 1 year ago

Indian government bond yields remained stable on Thursday, following a breach of a key level amid expectations of further policy easing by the RBI. A large bond auction is slated for Friday, with GDP data expected to show growth.

  • 10-year benchmark yield at 6.1712%
  • RBI expected to cut rates by 25 bps
  • ₹300 billion bond auction on Friday

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