Fed hike, RBI moves hand India bonds a fifth weekly loss
Indian government bonds have fallen for five consecutive weeks. A Federal Reserve rate hike and RBI liquidity measures emboldened bond market bears. Global yields reached multi-decade peaks, and the Fed raised rates by twenty-five basis points. The Reserve Bank of India sold bonds, draining significant liquidity from the system. This situation increases the likelihood of an...
Key Takeaways
- Indian government bonds have fallen for five consecutive weeks.
- A Federal Reserve rate hike and RBI liquidity measures emboldened bond market bears.
- Global yields reached multi-decade peaks, and the Fed raised rates by twenty-five basis points.
Indian government bonds have fallen for five consecutive weeks. A Federal Reserve rate hike and RBI liquidity measures emboldened bond market bears. Global yields reached multi-decade peaks, and the Fed raised rates by twenty-five basis points. The Reserve Bank of India sold bonds, draining significant liquidity from the system. This situation increases the likelihood of an RBI rate hike in October.
Original Publisher Attribution
This summary was curated from Economic Times.