Indian Bonds Dip as US Jobs Data Reduces Rate Cut Hopes, CPI Data Awaited

• Indian bonds fell on February 12, tracking US treasuries after strong jobs data.
• Better-than-expected US jobs data reduced the likelihood of an immediate Federal Reserve rate cut.
• The benchmark 10-year bond yield rose to 6.7276% from 6.7088%.
• Investors are now awaiting India's January inflation data, expected to rise to 2.4%.
• RBI revised its inflation forecast to 2.1% and kept the repo rate at 5.25% in its February review.