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Read More »India bonds rally as RBI surprises with pace of purchases
Bloomberg Benchmark sovereign bonds gained in India after the central bank said it will buy long-end debt for a second week, stepping up the pace of its unconventional policy to lower borrowing costs. The 10-year yield slid 8 basis points to 6.51% at the close, taking the week’s drop to 10 basis points. It touched a three-week low of 6.49% ...
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