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India Gilts Review: Down as traders sell bonds at profit before FOMC

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India Gilts Review

Down as traders sell bonds at profit before FOMC

This story was originally published at 21:01 IST on September 17, 2024  Back
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Prices of government bonds ended down today as traders trimmed their holdings at a profit after prices rose for five straight days. Traders wanted to reduce some risk in their portfolios, even as they were optimistic the US Federal Open Market Committee's decision on interest rate cuts would push gilt prices higher, dealers said.

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