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The Economic Times
The Economic Times
Business

Indian bonds steady as RBI rate hike expectations strengthen

RBI India Bonds Reserve Bank of India United States Inflation

Indian government bonds were broadly unchanged in early deals on Tuesday, as market participants braced for more liquidity removal ahead of next month's monetary policy decision, when an interest rate hike is largely priced in.

The benchmark 6.94% 2036 bond yield was at 7.0516%, as of 10:30 a.m. IST, after closing at 7.0497% in the previous session.

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