The Economic Times of India
Mumbai: Government bond yields fell Wednesday as the Reserve Bank of India (RBI) shifted to a neutral policy stance, which provides it the flexibility to lower interest rates. Yields were also tempered after FTSE Russell included India in its EM bond index, a move that will add to hefty foreign flows into local debt.The yield on the most liquid 10-year government bond closed at 6.77% on Wednesday…
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RBI shifts to neutral policy, Bond Street ‘accommodates’ the stance
Raleigh Wrona
05:57
Mumbai: Government bond yields fell Wednesday as the Reserve Bank of India (RBI) shifted to a neutral policy stance, which provides it the flexibility to lower interest rates. Yields were also tempered after FTSE Russell included India in its EM bond index, a move that will add to hefty foreign flows into local debt.The yield
