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via thehindubusinessline.comEconomy

Indian govt bond selloff to continue as RBI minutes hint at more rate hikes

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

Indian government bonds are likely to weaken further in early deals on Thursday, after minutes of the latest monetary policy meeting showed that members ‌of the rate-setting panel indicated further rate hikes may be needed to curb inflation.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishPossible further rate hikes to curb inflation pressure Indian bond prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01RBI policy minutes show panel members indicated further rate hikes may be needed.
  2. 02Indian government bonds are likely to weaken in early trade on Thursday.
  3. 03The hikes are indicated as necessary to curb inflation.

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