Indian bonds breathe easy as Treasury yields decline
Early Thursday, bonds issued by the Indian government saw slight upswings, influenced by a rally in US Treasuries. Despite this, concerns over liquidity, climbing interest rates, and mounting supply challenges have capped these hikes. Traders are curbing risk levels prior to a major debt auction, while rising domestic inflation fuels anticipations of a tougher monetary approach from the Reserve Bank of India, as evidenced by the expanding India-U.S. yield spread.
Early Thursday, bonds issued by the Indian government saw slight upswings, influenced by a rally in US Treasuries. Despite this, concerns over liquidity, climbing interest rates, and mounting supply challenges have capped these hikes. Traders are curbing risk levels prior to a major debt auction, while rising domestic inflation fuels anticipations of a tougher monetary approach from the Reserve Bank of India, as evidenced by the expanding India-U.S. yield spread.
Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price
The ABCD of the US mid-term elections, Part 1: Why it matters across the globe
Onion inflation at 108%? Yes, but not really. What is different this time?
Curbing rupee bets: What the RBI’s new rules mean for the hedge-now-or-wait question
Brinjal, buffalo, bacteria: Inside India’s pay-for-nature system
Homebuyers wait as NCLT panel picks holes in unfinished Jaypee projects
The NBFC saga - Part 3: How one default in 2018 changed the way RBI reads risk