India Bonds May Rise as US Treasury Yields Fall, RBI Hawkish
Indian government bonds are likely to attract investors early Thursday due to falling US Treasury yields. The Reserve Bank of India's hawkish stance on interest rates keeps the market cautious. The 6.94% 2036 bond yield is expected to stabilize after closing at 7.3999%. September's consumer inflation may exceed 6%, possibly prompting further RBI rate hikes.
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