Agencies(You can now subscribe to our(You can now subscribe to our ETMarkets WhatsApp channelMumbai: Government bond yields fell Wednesday as the Reserve Bank of India ( RBI ) shifted to a neutral policy stance, which provides it the flexibility to lower interest rates .
"The RBI acknowledged the durable disinflationary trend underway although highlighting lingering domestic and global risks - signalling that future rate action would be data dependent.
FTSE Russell made the announcement in the early hours of Wednesday.
"We welcome the inclusion of Indian government bonds (IGBs) in the FTSE EM bond index.
FTSE's decision comes after two other major global bond index providers - JP Morgan and Bloomberg - have included Indian sovereign debt in their indices.

RBI shifts to neutral policy, Bond Street 'accommodates' the stance