Shorter-tenor India bond yields jumped after the central bank said it will shut its special dollar deposit window for overseas residents one month earlier than planned. The earlier liquidity/takeout change signals tighter near-term USD-related funding conditions, pushing up yields at the front end of the curve.
Shorter-tenor India bond yields jumped after the central bank said it will shut its special dollar deposit window for overseas residents one month earlier than planned. The earlier liquidity/takeout change signals tighter near-term USD-related funding conditions, pushing up yields at the front end of the curve.
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mildly negative
Sentiment Score
-0.25
Ticker Sentiment
