Indian Government Bonds Seen Extending Selloff After RBI Minutes
Minutes from the latest monetary policy meeting indicated further rate hikes may be needed to curb inflation. The benchmark 2036 bond yield may trade higher, the report said.
Indian government bonds are likely to weaken further in early deals on Thursday, after minutes of the latest monetary policy meeting showed that members of the rate-setting panel indicated further rate hikes may be needed to curb inflation.The benchmark 6.94 per cent 2036 bond yield may trade b…