Bond Rally May Pause, But Indiaโs Bull Market Is Not Over: Expert
Indiaโs government bond market may be due for a temporary breather after a sharp rally, but the broader downtrend in yields remains intact, according to market experts. The benchmark 10-year government security, which spent much of 2015 and early 2016 trapped in the 7.5%-8% range, could extend its decline below 7% as the Reserve Bank of India works to ease the banking systemโs liquidity deficit.
