Indian Bond Yields Rise Ahead of Expected Rate Cut

  Published 1 year ago

Indian government bond yields decreased on Thursday, particularly for longer-duration papers, anticipating a rate cut by the RBI on Friday. Traders are positioning themselves, boosted by falling Treasury yields and expectations of further easing to stimulate economic growth.

  • 10-year bond yield fell to 6.1966% from 6.2065%.
  • RBI is expected to cut rates by 25 basis points.
  • Five-year OIS rate saw interest down to 5.62%.

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