Home Business RBI’s lower inflation projection may affect movement in bonds yields

RBI’s lower inflation projection may affect movement in bonds yields

By
Lucky Jain
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513
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(G.N.S) Dt. 06 New Delhi The 10-year bond yield on Thursday tumbled 17 basis points to hit a near four-month low as traders cheered Reserve Bank of India’s (RBI) decision to cut inflation forecast. The subtext of the latest monetary policy statement released by the Indian central bank is that

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