10-year Indian govt bond yields forecasted 6.75-6.78% amid shifting focus to domestic factors post-Fed rate cuts.
Indian government bond yields are expected to remain stable this week, with the 10-year benchmark yield projected between 6.75% and 6.78%. The focus will shift to domestic factors post-Federal Reserve rate cuts, with a borrowing calendar and a 340 billion rupee debt sale scheduled. The Fed anticipates further rate reductions in 2024 and 2025, with futures markets suggesting significant cuts may occur in the coming months, depending on economic data.
September 23, 2024
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