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اقتصاد سكاي نيوز عربية
India bonds face rate hike concerns
Indian bonds declined after the minutes of the Reserve Bank of India meeting raised concerns about the possibility of an earlier-than-expected rate hike, as the committee focused on inflation risks. The yield on the ten-year bonds increased to 6.86%, and the committee discussed the potential for raising interest rates later this year, which surprised the market and led to a reassessment of expectations regarding a sustained low interest rate policy. There are worries about tightening monetary policy due to current growth and inflation outlooks, despite the central bank previously emphasizing that inflationary pressures remain low.
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