RBI Policy Verdict, Guidance to Drive Nervous Bond Market Traders
Indian government bonds are expected to open largely unchanged as traders await the central bank's monetary policy decision. An interest rate hike is already priced in, with markets also considering the possibility of further liquidity withdrawal.
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02:06:11 AM UTC
SquawkNews
INDIA BONDS – RBI policy verdict, guidance to drive nervous bond market traders
Indian government bonds are seen opening broadly steady on Wednesday as traders wait for the central bank's monetary policy decision, with an interest rate increase already priced in and the possibility of additional liquidity withdrawal under watch. 94% 2036 bond is the key reference point in the market.