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India bonds rally as RBI chief's comments revive rate-cut bets
Summary by Times of India
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1 Articles
India bonds rally as RBI chief's comments revive rate-cut bets
Indian government bonds saw gains on Tuesday. Central bank chief Sanjay Malhotra's comments fueled expectations for a rate cut next month. The benchmark 10-year yield dropped to its lowest in two weeks. The Indian Rupee also strengthened against the dollar. Market participants are closely watching the Reserve Bank of India's next moves on liquidity and bond yields.
·India
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Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
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100% Right
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