CatalystIndia
India bonds sink deeper on RBI commentary, inflation concerns
RBI commentary and inflation concerns drove India bonds lower.
Context
What happened: Indian government bonds fell, pushing the 10-year yield to its highest since March 2023, after hawkish remarks from RBI Governor Sanjay Malhotra on financial stability.
Key numbers: 10-year yield at highest since March 2023; wholesale inflation rose unexpectedly in September.
Why it matters: The inflation rise and RBI commentary have raised concerns over potential future monetary policy shifts.
What changed
Indian government bonds fell, pushing the 10-year yield to its highest since March 2023, after hawkish remarks from RBI Governor Sanjay Malhotra on financial stability.
Why it matters
The inflation rise and RBI commentary have raised concerns over potential future monetary policy shifts.