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Indian bond traders stay pat ahead of inflation data
Image source: economictimes.indiatimes.com

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Indian bond traders stay pat ahead of inflation data

Indian government bond traders remained cautious ahead of the release of January inflation data, which could provide cues on the Reserve Bank of India's (RBI) future interest rate decisions. The 10-year benchmark yield hovered near the previous day's close, as lingering supply concerns offset the drop in U.S. Treasury yields. The data is crucial for understanding the RBI's monetary policy stance and its impact on the Indian economy.

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