India 10 Year Bond Gives Up Post Policy Gains As Oil Moves Rbi Swap Pullback Weigh
E
Economic TimesVerified Publisher
Indian government bonds saw a decline for the second consecutive day, erasing previous gains as high oil prices and the premature conclusion of a deposit scheme weighed on investor sentiment. Following the central bank's policy announcement, the benchmark bond
yield rose sharply. Swap rates also jumped, indicating a negative shift in market mood. Future bond yields will be influenced by both global and local factors.
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