From The Tribune
Center Owned by The Tribune TrustWeak demand pushes Treasury bill yields to over one-year highs; 10-year bond yield seen at 7.30-7.45%: ICICI Bank
What's behind this
The revised FD rates of a government bank took effect on 2 November, after the RBI’s repo rate hike, and are expected to help depositors who lock in savings at higher rates. However, SBI Research warns that rising US government borrowings could keep global interest rates high, projecting India’s government bond yield to stay at 7 pc by March 2027, suggesting loans may not become cheaper soon. Earlier related coverage noted Australia raising rates, but that is background only.
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SBI Research says rising US govt borrowings could keep global interest rates high; predicts India’s govt bond yield to remain at 7 pc by March 2027
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center · 1 outlet
Yields on government Treasury bills have climbed to their highest levels in more than a year amid weak investor demand, while the domestic bond market is expected to remain sensitive to global developments and liquidity conditions, according to a report by ICICI Bank Research.
RSS excerpt
Yields on government Treasury bills have climbed to their highest levels in more than a year amid weak investor demand, while the domestic bond market is expected to remain sensitive to global developments and liquidity conditions, according to a report by ICICI Bank Research.