Perspective on Cool-off in Bond Yields by Mr. Vishal Amarnani, Emkay Wealth Management
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Below is Perspective on Cool-off in Bond Yields by Mr. Vishal Amarnani, Head -Fixed Income, Emkay Wealth Management
“After touching a 3-year level of 7.28%, India's 10-year bond yield has cooled off to near 7% levels. The monetary policy stance by global central banks has changed, so RBI's policy stance can’t be on a different page.
The fall in the yields could also be due to RBI buying or infusion of liquidity into the system. We are still expecting the G-Secs to touch 7.35% first and if it does not sustain that level it could rise to as high as 7.60 levels.”
Above views are of the author and not of the website kindly read disclaimer
