Fixed Income And Currency Market

5 Aug 2019

RBI Under Pressure from Markets & Government for Big Bang Accommodation

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The RBI is going into this week’s policy review on the back of global bond yields plunging to fresh lows on Fed rate cut and increased tensions in the US-China trade war, the government calling for large rate cuts to shore up a flagging economy and the bond markets pulling down yields to levels factoring in more accommodation in the form of rate cuts and liquidity.

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Arjun Parthasarathy
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