The Indian rupee and
government bond yields will largely track U.S. Treasuries in a
holiday-shortened week, as traders monitor whether the central
bank continues to defend the currency and if its. -Yesterday at 09:59 pm- MarketScreener
"Overall, a well-balanced policy on expected lines with remote likelihood of any more rate hikes for now. A long wait for rate cut cycle as MPC re-iterates its commitment on 4% inflation target," says Vikas Garg, Head of Fixed Income, Invesco Mutual Fund.
Indian government bond
yields are likely to trend largely unchanged in the early
session on Tuesday as traders await a fresh sale of debt from
states, and on caution ahead of the U.S. Federal.
Indian macroeconomic variables like inflation, growth and current account are quite stable, unlike some of the developed economies who are struggling to bring down inflation and facing challenges with respect to growth too.