Bond losses seen in India as dissent breaks out at RBI

Bond losses seen in India as dissent breaks out at RBI

By Subhadip Sircar and Ronojoy Mazumdar India’s bond yields will rise by year-end as disagreement among central bank’s rate-setting panel members indicates they are moving toward a more hawkish stance, a Bloomberg survey has found. The benchmark 10-year yield will climb to 6.40% by December, while the five-year yield will increase to 5.90%, according to … Read more

India’s 10-year yield spikes as RBI bond-purchase results disappoint

India’s 10-year yield spikes as RBI bond-purchase results disappoint

MUMBAI: The benchmark 10-year bond yield elevated on Thursday to its highest level in a week as the outcome of the first tranche of the Reserve Bank of India‘s bond-purchase programme disappointed traders while inflation concerns also weighed. RBI purchased 250 billion rupees ($3.33 billion) worth of bonds under G-SAP or government securities acquisition programme, … Read more