Stay updated with breaking news from Bond Yield. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
"The sudden drop in Treasury yields in November has led to similar movement in Indian bond yields, though the magnitude is not similar," said VRC Reddy, treasury head at Karur Vysya Bank.
The next six months may bring positive bias to the equity market due to increased economic activity and potential rate cuts, according to industry experts.
The ambiguity over when the Reserve Bank of India would start implementing its plan to sell bonds via auctions, to manage liquidity in the banking system, added to the nerves.
Revises up inflation forecasts for 2023, 2024
Asia's economic calendar is jammed with top-tier releases on Tuesday, from Chinese purchasing managers index data to third quarter GDP figures from Hong Kong and Taiwan, but one stands above all others - the Bank of Japan's policy meeting.