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  • MF News Expect rate cut in next 1 year; 10-year bond yields to start rallying: Devang Shah, Axis MF

    Expect rate cut in next 1 year; 10-year bond yields to start rallying: Devang Shah, Axis MF

    Source: ET May 24, 2023

    We saw RBI pausing the rate hike in the last meeting itself and with the repo rate coming in at almost 6.5%, while the US Fed increased rates by almost 25 basis points. A lot of changes are happening globally. As a debt fund manager, how do you see the global rate outlook going ahead?

    From a perspective on global markets, you are right that yes we have seen the Fed hiking for the last time probably and the commentary from the Fed governor has been that if the data somewhere d .. 

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