The year 2017 had been an exciting one for both bulls and bears in Indian bond market. The year started with the so called "reflation" story as global bond yields and commodity prices rose sharply post Donald Trump's victory on expectation of higher global growth and inflation pickup. The Indian bond yields followed the global yields on the upward ride which was further accelerated by the RBI's stance change on monetary policy. In February 2017, RBI changed its monetary policy stance to neutral ..
