The bond yields crossed the seven per cent mark this week due to domestic and international factors. ET.com Mutual Funds spoke to Kumaresh Ramakrishnan , CIO-Fixed Income, DHFL Pramerica Mutual Fund, to understand the current situation in the debt markets and how it is going to impact the debt mutual fund investors.
Edited Interview:
The 10-year yield is climbing up on fears of higher oil prices and likely government deficit. How do you view the situation?
Revenues for the government in the current fiscal have been under some pressure on two counts. GST was implemented starting July 1. The system is going through some transitional issues as the industry adjusts and absorbs the new indirect tax.
