Bonds Halt Indian Rally as DBS Says Rate Cuts May Prove Elusive

  • ‘Markets might be caught wrong-footed’ on easing bets: DBS
  • Rajan to preside over his last scheduled policy review Tuesday

Indian sovereign bonds are losing steam after rallying last month by the most since 2013 amid concern investors may have been too optimistic in their expectations for interest-rate cuts.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.