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INDIA: Bond Wrap

INDIA
  • Quiet day ahead of key data releases in CPI and Industrial Production.
  • A meaningful decline in both could present an opportunity for the Reserve Bank of India to cut rates, though this is not market consensus.
  • Bonds little changed at the open. 

2yr 6.748%     5yr 6.725%     10yr 6.832%     30yr 6.977%

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  • Quiet day ahead of key data releases in CPI and Industrial Production.
  • A meaningful decline in both could present an opportunity for the Reserve Bank of India to cut rates, though this is not market consensus.
  • Bonds little changed at the open. 

2yr 6.748%     5yr 6.725%     10yr 6.832%     30yr 6.977%