India bonds seen under strain before Fed decision as oil rises
Higher crude prices and global yields are seen pressuring demand for Indian government bonds ahead of the U.S. Federal Reserve decision, with a rate hike likely to reinforce expectations of tighter RBI policy after elevated inflation.
S. Federal Reserve’s policy decision. A rate hike by the Fed is likely to reinforce bets on Reserve Bank of India tightening after elevated inflation, the source said. 94% 2036 bond yield is…