Stagflation risks trickle down to bond markets: report – Economic Times
MUMBAI: The spike in inflation along with benchmark yields indicates the bond market is in the throes of stagflation and higher yields are here to stay, a report warns.
10-year G-sec yields have climbed rapidly 35 basis points (bps) over the past three weeks, while July’s inflation impression is 50 bps above the high end of the level tolerance of the Reserve Bank, thus practically closing the…
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