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Sunday, November 22, 2009

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Arjun Parthasarathy
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US bailouts worsen inflation outlook

Bond markets are staring at a bearish phase on the back of the US government’s rescue plan for banks.
September 22, 2008

Currency or reserves? Price or financial stability?

There is fresh optimism with the market abuzz about the Reserve Bank of India (RBI) holding interest rates in its monetary policy review in October 2008.
September 20, 2008

Liquidity scenario is likely to worsen

The bond market is likely to trade cautiously at current levels, with yields at three-month lows.
September 15, 2008

Negatives known, mkts look ahead

Bond markets are now looking beyond current macro-economic factors, given that most of the negatives are known and there aren’t too many surprises left to react to.
September 1, 2008

Cautious trading seen after sell-offs

Caution will rule the bond market this week given the sharp sell-off seen last week. Bond yields moved up by 35 basis points
August 18, 2008

Rally in bonds set to gather steam

The bond market is likely to see a near-term rally on the back of a sharp fall in crude oil prices and a positive auction cut-off.
August 11, 2008

Trading expected to remain volatile

The bond market is likely to see choppy trading with oil price movements, domestic inflation numbers and auction cut-off expectations driving the trend
August 4, 2008

Market to look ahead at policy impact

The Reserve Bank of India (RBI) is widely expected to hike benchmark rates in the first quarter review of the annual monetary policy for 2008-09 coming up on July 29.
July 28, 2008

Auction reaction will set the tone

The government has announced a dated bond auction for Rs 6,000 crore to be held on July 24.
July 21, 2008

Bond yields likely to trend higher

The bond markets will react to movements in global crude oil prices, domestic liquidity and domestic inflation forecast this week.
July 14, 2008

Repo rate hike adds to the pessimism

Extreme pessimism ruled bond market sentiments last week on the back of an out-of-policy repo rate hike by the Reserve Bank of India (RBI)
June 16, 2008

No respite for bonds in the near term

The government last week hiked oil prices, which is expected to add 60 basis points (bps) to inflation numbers in the coming weeks
June 9, 2008

Oil, inflation to drive up bond yields

The bond market last week reacted to the sharp rise in oil prices and to sustained high levels of inflation.
May 26, 2008
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Analysis
  • Why a CRR+SLR hike will be in order
  • Short end of the curve comes under pressure
Reports
  • Yields to stabilise higher with a positive bias
  • Sentiment turning positive on demand
  • Needed: More investors for gilts
  • Govt borrowing negates RBI rate cuts
  • Gilts give best returns to date

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