Time to diversify debt investment; Rs to stay under pressure: Sandeep Yadav

The higher yields have provided a good entry point for debt investors after years of low yields

Like equity markets, 2022 has been a choppy year for debt-market investors. SANDEEP YADAV, head of fixed income at DSP Mutual Fund, tells Nikita Vashisht in an interview that while the worst of debt-fund investments could be over, concerns around fiscal spending and rupee depreciation could prove to be a spoilsport going ahead. Edited excerpts:

How are bond markets reading the Reserve Bank of India’s latest monetary policy statement? What is your outlook for bond yields?

The inflation projection was largely priced in. While yields swung sharply before and after the Monetary Policy Committee (MPC) meeting, they have by and large