Aggressive RBI measures hand India bonds a ninth weekly loss

What happened: Indian government bonds fell for a ninth consecutive week amid RBI monetary tightening. The RBI's support for the rupee and liquidity management further weighed on bond market sentiment. Key numbers: The benchmark 6.94% 2036 bond yield rose over 62 basis points over the period. Why it matters: Market participants are wary of possible future RBI actions on bond yields as the central bank addresses financial stability.

Indian government bonds fell for a ninth consecutive week amid RBI monetary tightening. The RBI's support for the rupee and liquidity management further weighed on bond market sentiment.

Market participants are wary of possible future RBI actions on bond yields as the central bank addresses financial stability.