Rally in Indian Bonds Loses Momentum After RBI's Surprise Moves
A rally in Indian bonds is stalling after the central bank raised the bar for future interest-rate cuts and on concerns that it may start curbing excess liquidity in the banking system.
The yields on the five-year and 10-year bonds jumped more than 20 basis points and six points respectively this week, reversing some declines in the current quarter. This came after the Reserve Bank of India unexpectedly shifted its policy stance to neutral from accommodative last week, warning that it has ' very limited space' left for further easing.
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Yahoo
35 minutes ago
- Yahoo
As Trump mulls sanctions, Russia's military economy slows
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an hour ago
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TVS Capital Funds Revamps Board of Directors
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an hour ago
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