The Reserve Bank of India (RBI) withdrew its ₹12,000 crore treasury bill auction for 182-day and 364-day maturities, reportedly due to high yield bids. This action supported bond prices, with the benchmark 10-year government bond yield falling. The RBI’s decision may also be influenced by the government’s substantial cash balance following a record dividend payment.
Oil Price Today (June 4): Crude oil slips as Israel-Lebanon ceasefire fuels Iran war peace hopes. What’s next?
Oil prices dipped as a ceasefire between Israel and Lebanon sparked hopes for broader diplomatic progress, potentially easing U.S.-Iran tensions. The U.S. House also passed