Indian food prices drive up inflation, strengthening rate hike view
date:Oct 15, 2013
economic growth in the June quarter hit a four-year low.

The pickup in inflation is testament to the lingering inflation risks and underscores the need for the RBI to keep its inflation guards up, said Leif Lybecker Eskesen, Chief Economist for India ASEAN at HSBC in a note.

Federal bond yields posted their biggest advance in three weeks after the data firmed up expectations for a second consecutive rate hike in as many months.

The benchmark 10-year government bond yield ended up 8 basis po
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