Govt bond yields steady on first day of FY; RBI meet key
Indian government bond yields remained almost unchanged on Monday after rising earlier in the day. The 7.26% 2032 bond yield closed at 7.3142%, a slight change from Friday’s 7.3180% closing rate. Analysts expect the Reserve Bank of India to raise its interest rate by 25 bps on Thursday, although there is less clarity on future rate hikes
