Indian government bonds saw a slight increase as traders positioned themselves before the RBI's policy announcement. The Reserve Bank of India is widely expected to maintain its key policy rate unchanged on Wednesday. Rising oil prices, however, limited the upward movement in bond yields during the session. Traders will closely monitor the RBI for guidance on liquidity and economic forecast revisions.
Synopsis
Indian government bonds saw a slight increase as traders positioned themselves before the RBI's policy announcement. The Reserve Bank of India is widely expected to maintain its key policy rate unchanged on Wednesday. Rising oil prices, howe... [8450 chars]
Source: The Economic Times
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