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Crunch Time for India’s Benchmark Sovereign Yield Premium

The prospect of further interest rate cuts by the RBI should drag down the country’s 10-year sovereign bond yields

Crunch Time for India’s Benchmark Sovereign Yield Premium
Passengers walk along a pedestrian bridge at Mumbai Central Train Station in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)
Crunch Time for India’s Benchmark Sovereign Yield Premium

(Bloomberg) -- The prospect of further interest rate cuts by the Reserve Bank of India should drag down the country’s ’s 10-year sovereign bond yields, according to Bloomberg Economics. Lower benchmark yields would mean reduced borrowing costs across the economy -- a plus for growth.

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