10-year Indian govt bond yields may decrease due to falling US Treasury yields and weak US job data.

10-year Indian govt bond yields may decrease on Monday due to falling US Treasury yields and weak US job data. The Indian bond yield is predicted to fall within 6.85%-6.90% range, but local declines may not be sustained without RBI rate cut indications. The RBI is expected to keep rates steady for a 9th consecutive meeting due to high inflation, although a majority anticipates the first cut in Q3.

August 05, 2024
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