Indian Bonds Expected to Open Steady After Relief Rally
Indian government bonds are expected to open on a flat note following a recent relief rally. Traders are focusing on the upcoming US Federal Reserve monetary policy decision and stable oil prices.
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Xurve View
India government bonds will likely open steady on Wednesday following a relief rally from near 7.50% levels. The session follows a four-basis-point decline in 10-year yields on Tuesday, marking the largest single-day drop in three months. Traders are now shifting focus to the upcoming United States Federal Reserve monetary policy decision.
