India bond market to wait for fiscal roadmap clarity before next rally, says Citi
By Jaspreet Kalra and Dharamraj Dhutia MUMBAI (Reuters) – Investors are likely to await clarity on India’s fiscal consolidation path in the forthcoming government budget before propelling the next leg of a bond market rally, a top Citi India executive said. The benchmark bond yield was at 6.99%, down 19 basis points so far in …
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