India bond yields resume decline as all eyes on RBI decision this week

Indian government bond yields edged lower as the market anticipates a rate cut from the Reserve Bank of India. The yield on the benchmark 10-year bond decreased to 6.2132%. This movement follows unexpected growth data that caused fluctuations on Friday. The RBI’s policy decision is expected on June 6, with a likely 25-basis-point rate cut.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *