High Budget Spending May Affect Your Debt Fund Performance – New Condition
High Budget Spending May Affect Your Debt Fund Performance – New Condition
Bond markets reacted negatively to the growth-oriented debt-fueled budget which saw benchmark 10-year yields cross the 6% mark. “The higher level of benchmark yield is an immediate reaction of the fixed income market to the large budget deficit and the impact it can have on inflation,” said Mahendra Jajoo, Head of Securities fixed income at […]
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