No Cut, No Hike: What RBI’s pause means for the Indian bond market – where are they headed?
India bond: The latest Reserve Bank of India (RBI) policy disappointed the Indian bond markets. While the central bank delivered what was widely expected on interest rates, the absence of any fresh liquidity measures proved to be a letdown for bond investors. Indian government bonds rose on Monday. The benchmark 6.48% 2035 bond yield was…