RBI may step up bond supply, yields at 8% a buy opportunity
Last two weeks have been quite an action-oriented for the debt markets. After the 25 basis points (bps) rate hike by the Reserve Bank of India (RBI) on June 6, we saw the US Federal Reserve (Fed) also increasing its rates by 25 bps. The DOT plot is now signalling two more rate hikes for the calendar year.
After the 25 basis points (bps) rate hike by the Reserve Bank of India (RBI) on June 6, we saw the US Federal Reserve (Fed) also increasing its rates by 25 bps. Image source: Reuters