Indian bonds decline as GDP growth raises rate cut doubts
pre-market1 source ↓written by the desknot a recommendation
- yield increased
- 6.5463%
- 6.5082%
Indian government bonds fell sharply as GDP growth of 8.2% in Q2 raised concerns over a potential RBI rate cut. The benchmark 10-year yield increased to 6.5463%, up from 6.5082%. Strong consumer spending and manufacturing drove growth, tempering expectations for policy easing next week.
Not investment advice. For informational purposes only.