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Market move▼ Bearish for Indian equities
India bonds slide as US Treasury rout, supply weigh
The brief
- Indian government bonds fell as US Treasury yields rose and supply increased ahead of the RBI meeting
- The benchmark bond was under pressure
- Rising yields may weigh on bond portfolios and earnings sentiment at Indian banks
- Bond yields rise, raising the hurdle for Indian equities
- India bonds end choppy quarter at over 2-year lows as rate hike bets mount
- Indian bond yields ease as oil cools, Fed rate hike bets tumble ahead of RBI policy
- Bond supply may outweigh demand, push yields higher
- India bonds edge up on short covering as US yields cool