Bond market now a two-way Street

The Centre's decision to slash motor-fuel taxes appears to have split India's bond markets down the middle, with yields on the curve's short end falling on expectations of moderate policy rate increases and tenured debt yielding higher in anticipation of elevated North Block borrowings.

Bond market now a two-way Street
The Centre's decision to slash motor-fuel taxes appears to have split India's bond markets down the middle, with yields on the curve's short end falling on expectations of moderate policy rate increases and tenured debt yielding higher in anticipation of elevated North Block borrowings.