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ru24.net
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Июль
2024

Indian bonds struggle for direction, little help from FY25 budget

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Indian government bond yields remain steady post-budget, with traders adopting a wait-and-watch approach. Fiscal deficit target reduced, borrowing plans adjusted, and positive outlook from rating agencies. Budget unlikely to impact Reserve Bank of India's policy. U.S. 10-year yield stable ahead of Federal Reserve decision.



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