India Bonds Slide After Central Bank Dials Back Rate Cut Expectations
The portrait of Mahatma Gandhi is displayed on an Indian 2,000 rupee, top, and 500 rupee banknotes in an arranged photograph in Thailand. (Photographer: Brent Lewin/Bloomberg)

India Bonds Slide After Central Bank Dials Back Rate Cut Expectations

(Bloomberg) -- Sovereign bonds slid after the Reserve Bank of India Governor Shaktikanta Das said further rate cuts will depend on incoming economic data, forcing traders to dial back expectations ...
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