Bond yields fall sharply: ’RBI comes in as Santa for bond markets’
4 years, 2 months ago

Bond yields fall sharply: ’RBI comes in as Santa for bond markets’

Live Mint  

In a slew of measures for easing of financing conditions and the provision of adequate liquidity, RBI has cheered the bond market investors. RBI's commitment to conduct adequate OMOs, first time OMOs of state development loans and On Tap TLTROs were amongst the major announcements to bring cheer to the bond markets. RBI came in as a Santa for the bond markets through the monetary policy today," says Pankaj Pathak, Fund Manager- Fixed Income, Quantum Mutual Fund. "In order to impart liquidity to SDLs and thereby facilitate efficient pricing, it has been decided to conduct open market operations in SDLs as a special case during the current financial year," said RBI. There are very less chances of mark to market losses, so the investors who have the required risk appetite can look at slightly higher duration funds or dynamic bond funds," says Pankaj Pathak.

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India’s 10-year bond yield may fall to 6.6% if RBI eases in Feb, ICICI Bank’s Prasanna says
1 week, 6 days ago

India’s 10-year bond yield may fall to 6.6% if RBI eases in Feb, ICICI Bank’s Prasanna says

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 11 - Indian government bond yields may trend in a narrow range in the near term, but the benchmark bond yield could ease to levels seen three years ago if the central bank cuts interest rates in its next policy meeting, the treasurer at ICICI Bank said. Going into the next year, if there is …

Stock market strategy: Should you increase your fixed income allocation as bond yields spike after RBI policy?
2 weeks, 3 days ago

Stock market strategy: Should you increase your fixed income allocation as bond yields spike after RBI policy?

Live Mint  

The Reserve Bank of India’s on December 6 kept the benchmark repo rate unchanged at 6.5% for the eleventh straight meeting, and maintained the monetary policy stance ‘Neutral’. Following the release of Q2FY25 GDP data, the bond market began anticipating potential monetary easing in the RBI policy. Bond Market Reaction The Indian government bond yields jumped, with the 10-year benchmark …

Indian bond yields inch higher on profit taking; debt sale eyed
3 weeks, 1 day ago

Indian bond yields inch higher on profit taking; debt sale eyed

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 3 - Indian government bond yields moved marginally higher in early trading on Tuesday, as traders cashed in profits from a two-session price rally after weaker-than-expected economic growth data, while a fresh debt supply was in focus. The yield declined by 10 basis points since data on Friday showed India's economic growth slowed much more …

India 10-year bond yield hits 2-month low on growing policy easing bets
Trending News
3 weeks, 2 days ago

India 10-year bond yield hits 2-month low on growing policy easing bets

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 2 - Indian government bond yields continued to dip, extending Friday's trend at the start of a new week, as weaker-than-expected economic growth data spurred bets on a monetary policy easing. The Reserve Bank of India's monetary policy committee is set to meet this week, and is expected to make a decision on Friday. "It …

India bond yields to track US rates; downside largely capped
4 weeks, 1 day ago

India bond yields to track US rates; downside largely capped

Live Mint  

By Nimesh Vora MUMBAI, Nov 26 - Indian bond yields are likely to open little changed on Tuesday following the dip in the previous session, with traders keeping an eye on U.S. Treasury yields. The benchmark 10-year bond yield is expected in a 6.81%-6.84% range, having dipped about two basis points on Monday to 6.8226% largely due to a dip …

India bond yields may drop tracking decline in US rates
Trending News
1 month ago

India bond yields may drop tracking decline in US rates

Live Mint  

By Nimesh Vora MUMBAI, Nov 25 - Indian government bond yields may dip at open on Monday, tracking a decline in U.S. rates, while traders wait for data on how Asia's fourth-largest economy fared in the last quarter due later in the week. The 10-year U.S. Treasury yield dropped six basis points in Asia trading, after U.S. President-elect Donald Trump …

India bond yields inch up ahead of debt sale on Friday
1 month ago

India bond yields inch up ahead of debt sale on Friday

Live Mint  

By Dharamraj Dhutia MUMBAI, Nov 21 - Indian government bond yields trended marginally higher in early deals on Thursday as U.S. yields stayed elevated, while market participants awaited fresh supply through a weekly debt auction on Friday. New Delhi will sell benchmark bond worth 220 billion rupees, which will help increase liquidity and trading in this paper, as well as …

India bond yields marginally down on value buys, fresh cues awaited
1 month, 1 week ago

India bond yields marginally down on value buys, fresh cues awaited

Live Mint  

By Dharamraj Dhutia MUMBAI, Nov 18 - Indian government bond yields trended slightly lower in early deals at the start of another holiday-truncated week amid value purchase from investors after yields rose last week. Meanwhile, U.S. Treasury yields edged higher on Friday and remained elevated during Asian hours as strong U.S. retail sales data and import prices lowered bets of …

Indian bond yields rise ahead of domestic, US inflation data
1 month, 1 week ago

Indian bond yields rise ahead of domestic, US inflation data

Live Mint  

Mumbai:Indian government bond yields ended slightly higher after a range-bound trading session on Monday, with investors awaiting domestic and U.S. inflation data for clues on the outlook for interest rates. Data due on Tuesday is expected to show that India's retail inflation climbed to a 14-month high of 5.81% in October, primarily due to higher vegetable and edible oil prices. …

India bond yields seen marginally lower as Fed rate cut bets improve
4 months ago

India bond yields seen marginally lower as Fed rate cut bets improve

Hindustan Times  

By Dharamraj Dhutia India bond yields seen marginally lower as Fed rate cut bets improve MUMBAI, - Indian government bond yields are expected to trend lower in early trading on Wednesday, tracking a fall in U.S. Treasury yields amid rising prospects of a deeper interest rate cut next month. "The odds of a larger than 25 basis point cut by …

India 10-year bond yield posts steepest drop in 32 months as inflation eases
2 years ago

India 10-year bond yield posts steepest drop in 32 months as inflation eases

Live Mint  

Indian government bond yields slid in November, with the benchmark yield posting its steepest monthly fall in 32 months, as easing domestic and U.S. inflation raised bets that the aggressive rate-hike cycle in both nations may be near its end. "Market participants are not at all worried about another 50 bps rate hike, and things changed after softer inflation reading," …

Bond yields little changed after recent fall, Friday’s debt sale eyed
2 years, 1 month ago

Bond yields little changed after recent fall, Friday’s debt sale eyed

Live Mint  

Indian government bond yields ended little changed on Thursday, amid consolidation after the recent fall, while traders now await a fresh supply of debt via weekly auction on Friday. The benchmark Indian 10-year government bond yield ended at 7.2808%, after closing at 7.2736% on Wednesday. Bond yields eased earlier in the session, following a drop in U.S. yields and oil …

3-Year Bond Yields Lowest In Over A Month: What It Means, What Investors Should Do
2 years, 5 months ago

3-Year Bond Yields Lowest In Over A Month: What It Means, What Investors Should Do

News 18  

India’s benchmark 10-year bond yield on Monday fell to its lowest level since May 27 to 7.355 per cent. A market expert said the ease in bond yield is a positive news for the economy and the markets as the rising bond yields raises the companies’ cost of borrowing. Motilal Oswal said that if the bond yields go up then …

Rupee tumbles to a record low on inflation risks, stocks' decline
2 years, 7 months ago

Rupee tumbles to a record low on inflation risks, stocks' decline

Hindustan Times  

Indian rupee tumbled to a new low, while bonds and stocks retreated amid growing worries that accelerating inflation may force the central bank to tighten rates more aggressively. The yield on benchmark 10-year bonds rose five basis points to 7.27% after declining about 25 basis points in the previous two sessions to Wednesday. Investors are worried that inflation staying above …

Bond yields fall sharply on dovish commentary from RBI
2 years, 10 months ago

Bond yields fall sharply on dovish commentary from RBI

Live Mint  

Indian bond yields fell sharply on Thursday in response to the Reserve Bank of India's more dovish than expected monetary policy, in which it kept both key rates unchanged while retaining its accommodative policy stance. "The surprise element in the credit policy is the very dovish stance taken by the MPC which in a way supports the expected large government …

Surge in bond yields could drive growth off track: RBI
3 years, 9 months ago

Surge in bond yields could drive growth off track: RBI

Live Mint  

The Reserve Bank of India on Friday warned that rising bond yields could undermine the fragile global economic recovery, rendering most economies unable to tolerate high interest rates. In its latest currency and finance bulletin, RBI also pointed to the stubbornly high yields in the Indian bond market, cautioning that rising yields could prompt central banks to boost bond-buying. The …

RBI may consider issuing bonds to help soak up foreign money into stocks
3 years, 9 months ago

RBI may consider issuing bonds to help soak up foreign money into stocks

Live Mint  

The Reserve Bank of India may consider issuing its own bonds to help soak up a deluge of foreign money into stocks that threatens financial stability, according to a report published by its researchers. “Enhancement of sterilization capacity may be necessary to deal with possible surges in capital flows in the future.” The RBI report recommended further strengthening foreign-exchange reserves, …

Bond investors see RBI curbing yields amid India’s supply deluge
3 years, 10 months ago

Bond investors see RBI curbing yields amid India’s supply deluge

Live Mint  

India is set to sell another Rs260 billion of bonds on Friday amid rising expectations that the central bank will step into the market to keep yields from rising too far. Surprise demand at a special auction of government debt on Thursday spurred talk that state-run banks and primary dealers were scooping up bonds to sell to the Reserve Bank …

Bond turmoil on India’s cash drain shows market fragility
3 years, 11 months ago

Bond turmoil on India’s cash drain shows market fragility

Live Mint  

The Reserve Bank of India’s first steps to revive money-market rates proved how fragile sentiment remains, as a spike in bond yields spurred policy makers to announce more buying to quell the turbulence and protect the economy’s nascent recovery. The central bank’s first 14-day reverse-repurchase operation since March saw rates on short-dated sovereign bonds rise as much as 33 basis …

Treasury bill yields rise in India after RBI’s cash move
3 years, 11 months ago

Treasury bill yields rise in India after RBI’s cash move

Live Mint  

India’s Treasury bill yields rose at an auction after the central bank took the first step toward paring back on some of its pandemic relief measures. The 190 billion rupees sale was the first sovereign auction since the Reserve Bank of India said late on Friday it plans to drain cash via a reverse repo operation. “After today’s T-bill auction, …

India’s bond market is bracing for liquidity vigilance from regulator
4 years ago

India’s bond market is bracing for liquidity vigilance from regulator

Live Mint  

The Reserve Bank of India’s rate-setting committee would make public its vote on interest rates and policy stance on Friday. “On Friday, if we see some statement around liquidity, yields would move up some more,” said a bond trader, requesting anonymity. “The MSS would reduce the liquidity surplus and create room for RBI to conduct OMO purchases,” wrote Anubhuti Sahay, …

RBI policy is pre-Diwali Dhamaka for bond markets, says Kotak’s Lakshmi Iyer
4 years, 2 months ago

RBI policy is pre-Diwali Dhamaka for bond markets, says Kotak’s Lakshmi Iyer

Live Mint  

All in all a policy for bond markets. RBI's announcement of doubled OMOs of ₹20,000 crore next week, first time OMOs of state development loans and On Tap TLTROs were amongst the major announcements to bring cheer to the bond markets. Here's what the bond market experts have to say about the announcements in RBI Policy: Lakshmi Iyer, Chief Investment …

RBI rides to rescue, unveils steps to cool rising bond yields
4 years, 3 months ago

RBI rides to rescue, unveils steps to cool rising bond yields

Deccan Chronicle  

Mumbai: In a bid to cool rising bond yields and maintain market stability in the financial system, the Reserve Bank of India on Monday announced a slew of measures including two more tranches of special open market bond operations or ‘Operation Twist’ and additional term repo operations of Rs one lakh crore at a floating rate basis. The central bank …

India bonds climb as RBI resumes operation twist to cool yields
4 years, 4 months ago

India bonds climb as RBI resumes operation twist to cool yields

Live Mint  

India’s central bank will resume its Federal Reserve-style Operation Twist after weak demand at two successive auctions and inflation concerns drove up yields. “This was expected given the panic response that saw yields surging in the last two sessions after Friday’s auction,” said Pankaj Pathak, debt fund manager at Quantum Asset Management Ltd. in Mumbai. “RBI needs to be more …

RBI’s silence on record India bond sales leaves traders baffled
4 years, 4 months ago

RBI’s silence on record India bond sales leaves traders baffled

Live Mint  

The Reserve Bank of India’s monetary policy review has come and gone but it’s done little to calm traders’ nerves over an unprecedented government bond supply. The market has so far been able to withstand the heavy government debt supply thanks to the central bank’s 115 basis points rate cuts this year and its Rs1.2 trillion of bond purchases from …

Indian bonds may come under pressure as RBI near end of easing cycle: PineBridge
4 years, 5 months ago

Indian bonds may come under pressure as RBI near end of easing cycle: PineBridge

Live Mint  

Indian bonds may start losing their appeal as the Reserve Bank of India nears the end of its easing cycle, according to PineBridge Investments Asia Ltd. “It is currently not an opportune time to invest in Indian bonds as yields will be back up from the current levels,” said Arthur Lau, head of Asia ex-Japan fixed income at PineBridge. The …

RBI buys so many US dollars that it ends up supporting debt market
4 years, 5 months ago

RBI buys so many US dollars that it ends up supporting debt market

Live Mint  

The Reserve Bank of India has accumulated so many dollars recently that it’s having a knock-on impact on the nation’s sovereign debt market. “The central bank’s FX policy is achieving multiple objectives of augmenting reserves, creating liquidity that’s helping demand for bonds, and at the same time curbing rupee volatility,” said Naveen Singh, head of fixed-income trading at ICICI Securities …

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