The 2021 budget had more negatives than positives for the bond market, according to Quantum Mutual Fund – Mint
The 2021 budget had more negatives than positives for the bond market, according to Quantum Mutual Fund – Mint
From the outlook for the bond market, the budget presented more negatives than positives. The increase in the budget deficit in the current fiscal year to 9.5% of GDP and the target of 6.8% for fiscal 22 was a surprise. This, along with the broader fiscal consolidation roadmap, indicates that the bond market will face […]
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