The US Federal Reserve has indicated that interest rates in the US might start to fall starting September 2024. Following suit, The Reserve Bank of India could begin rate action earliest by December 24 as there will be more clarity on any underlying information.
These are among the few key indicators that debt markets and fixed-income mutual fund managers are watching closely. Amidst global monetary easing, Indian bonds continue to be appealing, supported by robust and stable macroeconomic fundamentals and favourable demand-supply dynamics.
