India benchmark yield may ease to 6.85% as rates near peak – Citi
MUMBAI (Reuters) – Indian government bond yields are expected to fall, with the 10-year yield easing to 6.85% in the medium term, their lowest level since March, Citi Research said. “Bonds have so far lagged the move in swaps and are typically late to react to shifts in policy cycle. Nevertheless, bond yields are likely …
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