August 14, 2024 05:35 GMT
India: Bond Wrap
INDIA
- Bonds resumed their rally today as globally, yields moved lower
- As the market digests this week CPI number, some market commentators are suggesting a rate cut from the Central Bank could come sooner than expected.
- Ahead of tonight’s CPI numbers in the US, bonds were 0.5-1.5bp lower in yield.
2yr 6.741% (-0.5bp) 5yr 6.776% (-1.5bp) 10yr 6.868% (-1bp) 30yr 7.02% (-1bp)
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