India’s RBI Rejecting Some Bond Bids Spur Biggest Gain in Month

Indian government bonds gained the most in a month after the central bank rejected some bids at its weekly debt auction, signaling discomfort with the higher yields likely sought by...

By Malavika Kaur Makol, Bhaskar Dutta · Bloomberg Markets

Indian government bonds gained the most in a month after the central bank rejected some bids at its weekly debt auction, signaling discomfort with the higher yields likely sought by traders.