Fed hike and RBI liquidity clampdown drive India bond slide
Indian government bonds fell for a fifth consecutive week as a Fed rate hike and RBI liquidity tightening boosted bears positioning ahead of potential domestic policy tightening.
Indian government bonds fell for a fifth straight week on Friday, as a Federal Reserve rate hike and the Reserve Bank of India’s liquidity clampdown encouraged bears in the market to position for domestic policy tightening. 94% 2036 bond (IN069436G=CC) yield…