In early trading on Wednesday, the yield on Indian government bonds fell, with the 10-year benchmark yield dropping to the lowest level in nearly 3 years. The reason is that the market's optimism about the Reserve Bank of India cutting interest rates this week is growing. India's benchmark 10-year treasury notes yield is now at 6.6928%, down from the previous closing price of 6.7121%. In early trading, the yield briefly fell to 6.6886%, the lowest level since February 21, 2022.
印度10年期国债收益率降至3年低点 因政策宽松押注增加
India's 10-year treasury notes yield hits a 3-year low due to increased bets on easing policies.
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