Indian bonds steady after RBI minutes signal more rate hikes

What happened: Indian bond yields held steady after the Reserve Bank of India minutes signaled more rate hikes may follow. Key numbers: Yields around 7.45%. Repo rate raised to 5.50%. Analysts speculate another increase may occur in December. Why it matters: Rising oil prices and food inflation are heightening economic concerns, with elevated energy costs affecting the rupee and government finances. Coverage: 4 outlets in 24h

Indian bond yields held steady after the Reserve Bank of India minutes signaled more rate hikes may follow.

Rising oil prices and food inflation are heightening economic concerns, with elevated energy costs affecting the rupee and government finances.