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The Economic Times

Business

RBI's surprisingly hawkish tone in policy minutes weighs on Indian bonds

RBI India Bonds Inflation Interest Rates Oil

Indian government bonds came under heavy selling pressure early on Thursday after minutes of the central bank's latest policy meeting signalled it could raise rates if inflation risks materialise.

The yield on the benchmark 6.94% 2036 bond was at 6.8382% as of 10:25 a.m. IST, after closing ‌at 6.8170% on Wednesday.

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