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India bonds swing to biggest gains since May after RBI announces cash infusion

Buzz line2 months ago03 mins

Indian government bonds jumped on Wednesday, with the benchmark bond yield marking its biggest single-session plunge in seven months after the central bank eased supply concerns by announcing a hefty liquidity injection for the coming month. The benchmark 10-year yield ended at 6.5398%, after closing at 6.6328% on Tuesday, dropping the most in a single…

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