India bond yields edge lower, inflation data key

The RBI raised the key lending rate, or repo rate , by 50 basis points on Friday, the third in the current cycle, to cool inflation that has stayed above the central bank's tolerance band for six straight months. Meanwhile, the yield on the 10-year benchmark bond could revisit its recent high of over 7.60% in the medium term as the central bank is expected to raise interest rates and the government to borrow more, analysts said

India bond yields edge lower, inflation data key
The RBI raised the key lending rate, or repo rate , by 50 basis points on Friday, the third in the current cycle, to cool inflation that has stayed above the central bank's tolerance band for six straight months. Meanwhile, the yield on the 10-year benchmark bond could revisit its recent high of over 7.60% in the medium term as the central bank is expected to raise interest rates and the government to borrow more, analysts said