India bonds to stay hemmed in by oil, Treasury moves ahead of inflation data
Detailed summary
Indian government bonds are anticipated to trade between softer oil prices and rising US yields. The market is waiting for domestic inflation data that could influence the Reserve…
Indian government bonds are anticipated to trade between softer oil prices and rising US yields. The market is waiting for domestic inflation data that could influence the Reserve Bank of India's rate strategy. A Reuters poll estimates an increase in annual consumer inflation, potentially leading to further tightening by the RBI. Investors are cautious ahead of a significant bond auction scheduled for Friday.
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MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (economictimes.indiatimes.com)
