RBI Pause on Interest Rate Hike May Last Only Till December

Bonds in India Set for Rout on Unexpectedly Hawkish RBI Minutes

Gold Silver Reports (GSR) – The 10-year bond yield may climb by as much as 10 basis points, according to Vijay Sharma, New Delhi-based executive vice president for fixed-income at PNB Gilts Ltd. One-year interest-rate swap rose three basis points Thursday to 6.51 percent, the highest since March 9.                 

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