Indian bonds are giving up some recent gains, with the focus on growth figures

Indian government bonds gave back some gains from their three-day rally on Thursday as traders booked profits and shifted their focus to upcoming GDP data that could impact expectations for further rate cuts.The benchmark 10-year yield ended at 6.5082%, up from 6.4934% on Wednesday, its lowest close since Nov. 10. Yields move inversely to prices.India’s […]

Indian Bonds Gain on RBI Support for the Rupee, Calming Comments Calm Jittery Investors

Indian government bonds closed higher on Monday, recovering from the previous session’s losses after showing a sharp reversal in the rupee, while softened comments from the central bank chief provided further support.The benchmark 10-year yield ended at 6.5194%, after closing at 6.5665% on Friday. Bond yields move in the opposite direction to prices. The Reserve […]