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India bonds fall as oil tops $100/bbl, reviving inflation concerns
Indian government bonds weakened as Brent crude oil prices surged past one hundred dollars. This surge rekindled inflation concerns and darkened the interest rate outlook for the nation. Selling pressure on bonds was contained by significant banking system liquidity surpluses. The Reserve Bank of India conducted operations to absorb excess cash from the system. Investors now await upcoming inflation data and policy rate decisions from the US and India.
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thehindubusinessline.com
Indian bonds dip on oil pain; ample cash curbs sales
Indian bonds decline as rising oil prices raise inflation fears, while abundant liquidity restricts aggressive selling.
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economictimes.indiatimes.com
India bonds fall as oil tops $100/bbl, reviving inflation concerns
Indian government bonds weakened as Brent crude oil prices surged past one hundred dollars. This surge rekindled inflation concerns and darkened the interest rate outlook for the…