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The Economic Times
The Economic Times

India bonds slip ahead of RBI policy as war risks lift oil

Indian government bonds slid on ​Monday after oil prices ​jumped as fresh U.S.-Iran strikes threatened a fragile ceasefire and ​stoked rate-hike worries ahead of a crucial policy meeting.

The Reserve Bank of India will announce its rate decision on Friday, with markets largely pricing in a pause even ‌as Standard Chartered, ⁠Capital Economics, ⁠ANZ, MUFG and OCBC call for a 25-basis-point hike.

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