Bonds at 8-month high on RBI bond purchase hopes, inflation comments
Indian bonds rose to over 8-month highs as rate hike fears faded after the central bank promised to keep buying government bonds to infuse liquidity, and also mentioned the probability of changing its rate stance if inflation risks do not mature.
![Bonds at 8-month high on RBI bond purchase hopes, inflation comments Bonds at 8-month high on RBI bond purchase hopes, inflation comments](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_850x478/public/2018/12/06/62936-rbi-reuters.jpg?itok=PAaTdCKB&c=e8c47139056da17d8655f2b299ab2660)
Most Asian currencies fell on concerns over slowing global growth and a lack of resolution in the China-U.S. trade war. Image: Reuters