Skip to main content

datastreet.in

India bonds inch up as RBI moves up debt buying after sell-off

Indian sovereign bonds saw a slight increase as the Reserve Bank of India advanced its open market purchases by a week, prompting some traders to reduce bearish positions. The benchmark 10-year bond yield hovered around 6.7083%. However, concerns about future supply and a potentially larger borrowing plan for the next fiscal year are expected to temper further gains.

Source :- Markets-Economic Times Read More

Share it :

Leave a Reply

Your email address will not be published.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