RBI’s conundrum – the rupee or bond yields?
On expected lines, the Reserve Bank of India (RBI) started the financial year with a Dovish Monetary Policy stance - an accommodative monetary policy that keeps interest rates low to…
On expected lines, the Reserve Bank of India (RBI) started the financial year with a Dovish Monetary Policy stance - an accommodative monetary policy that keeps interest rates low to…
Led by the US, most global markets started to get the early quiver as Bond Yields rose to lead to the strengthening of the Dollar and as the commodity cycle continues to put pressure on the upside. With US Bond yields breaching the crucial 1.6% mark, Equities got into a Risk-off as global allocations became less attractive. Rising bond yields is inversely correlated to its prices impacting the risk premium enjoyed by Equities during these cycles
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