Local bond yields have gone higher from 6.3% to 6.6% even though the macros are favourable, liquidities coming back, commodity prices are benign and globally bond yields are sitting at record lows. What is going on, why is there is such a large divergence?
Yes this indeed is a divergence. Some part of it is explicable, some part of it is inexplicable. The reason the markets are worried are: a) You rightly observed that fiscal deficit is under control but if the government wer ..
Nine big financial changes that you must watch out for in October
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