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Best Asia Bond Rally Bolstered as India Minister Seeks Rate Cuts

Published on: Sunday 28 July 2019

(Bloomberg) -- Indian bonds rallied after the Finance Minister said the economy could do with significant interest-rate cuts and ruled out any rethink over a proposed $10 billion overseas bond sale.Benchmark 10-year yields dropped nine basis points to 6.43%, after climbing 16 basis points last week.

News source: https://finance.yahoo.com/news/best-asia-bond-rally-bolstered-041743153.html

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Best Asia Bond Rally Bolstered as India Minister Seeks Rate Cuts