Indian bond yields rise despite RBI rate cuts
pre-market1 source ↓written by the desknot a recommendation
- into the system
- $16 billion
- post-update
- 15 basis points
Indian government bond yields are climbing, even after the RBI cut its repo rate by 125 basis points this year and injected $16 billion into the system. The benchmark 10-year bond yield surged nearly 15 basis points post-update, reflecting investor caution amid global inflation concerns. Traders are skeptical about further rate cuts, as key five-year swaps spike higher.
Not investment advice. For informational purposes only.