India bond yields track US peers higher
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Indian government bond yields rose to 6.8722% on Sep 2, 2024, up from 6.8647%; US Treasury yields increased to 3.91% after July's personal consumption expenditure price index rose 0.2%; Fed expected to cut rates by at least 25 basis points in mid-September; expectations for a 50 basis point cut dropped to 30.5%; India's economic growth slowed to 6.7% in April-June 2024; Barclays economists predict RBI will start rate cuts in December 2024; 11 Indian states to raise 205.5 billion rupees ($2.45 billion) in a bond auction.

#India #Bonds #UsEconomy #FederalReserve #InterestRates #Inflation #EconomicGrowth #Barclays #Rbi #BondAuction

https://www.brecorder.com/news/40320411/india-bond-yields-track-us-peers-higher 

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