RBI liquidity measures may pressure India bonds; rupee rally to limit losses
MUMBAI: Indian government bonds could open the week under mild selling pressure after the central bank announced measures to absorb banking-system liquidity, although expectations of a sharp rupee rally may help limit losses. The benchmark 6.94% 2036 bond yie...
MUMBAI: Indian government bonds could open the week under mild selling pressure after the central bank announced measures to absorb banking-system liquidity, although expectations of a sharp rupee rally may help limit losses. The benchmark 6.94% 2036 bond yield may trade in a 7.26%-7.32% band, a trader with a primary dealership said, after ending at 7.2994% on Friday. Bond yields rise when prices fall. Over the week...