India’s bond investors seem to have gotten tired of the incessant supply of fixed income papers at a time when regulatory requirement for them are reducing progressively.
And, with inflation rising, chances of the Reserve Bank of India (RBI) cutting rates have almost nullified. As a result, bond yields have been rising and this should be a cause for concern for everyone as the 10-year bond yield is considered the benchmark interest rate of the economy. Bond yields and prices move in opposite direction.
The 10-year bond yield rose to as high as 7.22 per cent in the
And, with inflation rising, chances of the Reserve Bank of India (RBI) cutting rates have almost nullified. As a result, bond yields have been rising and this should be a cause for concern for everyone as the 10-year bond yield is considered the benchmark interest rate of the economy. Bond yields and prices move in opposite direction.
The 10-year bond yield rose to as high as 7.22 per cent in the