Indian bonds fall after Fed signals potential further hikes
India’s benchmark 6.94% 2036 yield fell in early trade as the Fed raised rates and signalled another hike, increasing pressure for the RBI to follow.
S. Federal Reserve raised rates for the first time since July 2023 and signalled another hike later this year, increasing pressure on the RBI to follow suit. 94% 2036 bond yield (IN069436G=CC) was at 7…