Indian Bonds Rise, RBI Policy Shift, Inflation Drop

Published 11 months ago

Indian bonds rose after a four-day slump; 10-year yield fell to 6.2798%, RBI's neutral stance dampened rate cut hopes, retail inflation eased to 2.82% in May.

10-year bond yield dropped 2.71 bps to 6.2798% after four-session rally.
RBI's neutral stance post-rate cut disappoints investors, signaling pause in 2024-25.
India's May inflation at 2.82% vs. 3.16% in April, below 3% forecasts.

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