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Gilts surge; RBI Governor says 10-yr yld has scope to fall more
The Free Press Journal - Indore
|October 02, 2025
Government bond prices surged Wednesday after the RBI Governor Sanjay Malhotra said the 10-year gilt yield has the scope to fall further as part of the transmission of monetary policy, dealers said.
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The Monetary Policy Committee decision Wednesday also opened up chances of rate cuts in the future, which led bond prices to rise, they said.
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