India 10-year bond yield falls to 1-year-low ahead of Fed rate decision
Indian government bond yields declined on Wednesday, in anticipation of a policy pivot from the U.S. Federal Reserve after an expected rate hike. Traders largely expect the central bank to maintain a prolonged pause amid an improvement in inflation outlook and a sharp fall in oil prices. The 10-year benchmark 7.26% 2033 bond yield fell to 7.0500%, its lowest level since April 26, 2022
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