GSec surges due to no RBI rate cut by FY21 – Economic Times
MUMBAI: Government bond yields rose on Friday amid fears that politically unacceptable levels of inflation could limit the central bank’s room for maneuver with lending rates. However, some brokers expect Mint Road to buy bonds to help moderate market returns.
On Friday, three- and five-year sovereigns were up eight basis points. The 10-year benchmark bond yield rose nine basis points to 5.95%…
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