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India Gilts Review: Surge on view yields to fall more before next rate cut

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India Gilts Review

Surge on view yields to fall more before next rate cut

This story was originally published at 21:19 IST on April 21, 2025  Back
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Government bond prices ended sharply higher Monday as traders increasingly expect the 10-year benchmark gilt yield to fall to 6.25% before the Reserve Bank of India's next Monetary Policy Committee meeting in June, dealers said. The market is largely coming round to the consensus view that the rate-setting panel will cut rates by at least 50 basis points more in 2025.

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