Best of low rates behind us & 'Taper' talks spurred US treasury yield spike: Bhaskar Panda
Bhaskar Panda estimates a range for India 10-year bond yield: 5.85%-5.95% Flows coming into higher yield markets like India to remain strong, said Bhaskar Panda The 10-year Treasury yield spiked above 1% for the first time since March 2020. While it pared the advance and had a relatively moderate close, the U.S. government bond yields have witnessed 'bear steepening' and this could potentially cause concerns in the market, rallying due to excess liquidity. What is Bear Steepening? It's a phenomenon that occurs when there is large variance between short term and long term bond rates. This di...
Source: timesnownews.com