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The Economic Times
The Economic Times
Business

EXPLAINED: India bonds inch lower before pivotal rbi decision - The Real Truth

RBI India Reserve Bank of India US Treasury United States Inflation Oil

Indian government bond traders pared positions early Wednesday as rising US Treasury yields and oil prices added pressure ahead of a pivotal Reserve Bank of India policy decision that will mould expectations for liquidity, inflation and the rate path.

The benchmark 6.94% 2036 bond yield gained 2 basis points to 7.2110% ahead of the 10:00 a.m. policy decision.

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