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India bonds inch up after two-day selloff; Fed in focus

Indian government bonds saw a rebound on Wednesday. This followed a two-day decline driven by foreign investors selling positions. Concerns over fewer domestic interest rate cuts also impacted sentiment. The benchmark 10-year yield moved lower. Overseas investors have been net sellers recently. Traders noted offshore paying in overnight index swaps. Market participants await the U.S. Federal Reserve’s policy decision.

Source :- Markets-Economic Times Read More

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