Central Bank Is Offering a ‘Passive Put’ to India Bond Traders
A naval officer walks past the Reserve Bank of India (RBI) building in Mumbai, India. (Photographer: Kanishka Sonthalia/Bloomberg)

Central Bank Is Offering a ‘Passive Put’ to India Bond Traders

(Bloomberg) -- India’s benchmark bond yield has fallen back to levels seen before the administration ramped up its annual borrowing target by more than half, as investors bet that the nation’s cent...
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