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Asia

India bonds flat, major move likely only after US inflation data

Markets-Economic Times · 2h ago · 🇮🇳 India

India bonds flat, major move likely only after US inflation data

Indian government bonds remained mostly stable on Wednesday, with traders eyeing important US inflation statistics expected later that day. The local retail inflation for July edged up to 4.45 percent, while oil prices declined slightly following news of a ceasefire extension. Overnight index swap rates showed little change, reflecting expectations surrounding the upcoming US economic data.

Read the full story at Markets-Economic Times →

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