RBI policy review likely to be non-eventThe market is not expecting any policy actions by the RBI in the policy review scheduled on July 28, 2009.
July 27, 2009
Borrowing calendar a boon for yieldsThe revised government bond borrowing calendar for the weeks leading to end-September is better than market expectations, with a gross borrowing of Rs 1.1 lakh crore.
July 20, 2009
Lower govt borrowing to spur yield rallyThis week’s auction is down to Rs 12,000 cr from Rs 15,000 cr.
July 13, 2009
Yields to adjust higher; New calendar for Bond StBond markets will now readjust to the new borrowing calendar. The immediate trend for bond yields is higher given the higher than expected supply.
July 7, 2009
Rally may stall if government ups borrowingCentre is slated to borrow Rs 97,000 cr in July-Sept; The FM
is likely to show an additional borrowing of Rs 50,000 cr on Monday.
July 6, 2009
Green shoots emerging for yieldsThese are in the form of expectations of a manageable fiscal deficit for 2009-10, stabilising oil prices and a rally in global bonds.
June 28, 2009
Market’ll look to Budget for directionThe bond market will be hoping that heavy government bond supply will end this month and will start looking ahead to the budget for direction.
June 22, 2009
Yields may stabilise at higher levelsThe yield curve shifted upwards on the back of the higher-than-expected (in yield terms) auction cut-off on the benchmark five-year government bond.
June 15, 2009
Markets, central banks, real economy playing risky ‘game’The financial markets, governments, central banks and the real economy are playing a ‘game’ that could potentially be disastrous.
June 8, 2009
Shift of balance to decide yield movesOn the balance, market nervousness on supply and other external factors is placing upward pressure on bond yields while a healthy demand-supply equation is tempering the rise in yields.
June 8, 2009
Uncertainty will persist in bond martThe current uncertainty facing bond markets is likely to persist in the near term, given the conflicting signals emanating from various factors.
June 1, 2009
Bond yields seen up as concerns riseThe market is faced with additional uncertainty on the fiscal and monetary front.
May 24, 2009
Uncertainty gone, yields may declineThe uncertainty premium built in bond yields will go away as political and macroeconomic factors favour lower bond yields.
May 17, 2009
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