‘India’s bond market to remain under pressure after temporary relief’

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New Delhi, Mar 20: After riding on a wave of unprecedented liquidity through the first half of the year 2017, India’s bond market has been grappling fiscal slippages and faster-than-expected rise in UST yields, which Singapore-based DBS Bank said will continue to remain challenging. However, some value might emerge after the sharp sell-off over the past six months, it added.
The benchmark 10-year government bonds inched up last week, marking the first consecutive weekly gains since November 2017.