Rajan Fate Joined by Inflation in Wall of Worry for Indian Bonds

  • Change in RBI attitude created ‘uneasy sentiment,’ Mirae says
  • Rajan notes ‘surprise’ CPI acceleration, uncertain trajectory

Reserve Bank of India Governor Raghuram Rajan could do little to allay bond investors’ concern over inflation on Tuesday. Both his future and the fate of monsoon rains lie beyond his control.

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