Rising G-Sec yields: SBI report warns of MTM losses for banks
Rising G-Sec yields: SBI report warns of MTM losses for banks February 22, 2021 × Recent surge in yields might be caused by to short-selling by market players, among others: SBI economic research report Ecowrap Any further upward movement in Government Security (G-Sec) yields, even by 10 basis points (bps) from the current levels, could usher in mark-to-market (MTM) losses for banks, cautioned State Bank of India’s economic research report ‘Ecowrap’. SBI’s economic research team believes one of the reasons for the recent surge in yields might be short-selling by market players. Th...
Source: thehindubusinessline.com