Indian bond yields rise as RBI keeps everyone guessing
India's 10-year government bond yields nudged up to 6.56% on Monday, just before the RBI's big policy meeting this week.
With stronger-than-expected economic growth, investors aren't so sure a rate cut is coming anytime soon.
Why does this matter?
India's economy grew a solid 8.2% last quarter—better than before and way above most forecasts.
While inflation is still low, such strong growth makes it less likely the RBI will lower interest rates right now.
For anyone watching markets or thinking about loans and investments, these decisions can shape borrowing costs and returns.
What's behind the move?
Rising bond yields show that markets are dialing back hopes for cheaper borrowing in the near future.
Experts think the RBI will probably keep rates steady at this meeting but may use other tools to keep money flowing smoothly in the economy while staying cautious about any sudden changes.