MUMBAI (Dow Jones)--Indian government bonds reversed early losses to close higher in volatile trade Monday on hopes that the Reserve Bank of India would signal an imminent pause in its rate-tightening cycle at its monetary policy review Tuesday.
The benchmark 7.80% 2021 bond rose to INR93.57 from INR93.54 at Friday's close, and up from an intraday low of INR93.31.
"There was some bargain-hunting after the fall in the morning's session. Also, investors are hoping ...
