The rebound of the 10-year G-sec yield above 6.6% reflects this reality. Even as the RBI signals accommodation, the large government borrowing programme and persistent supply overhang are limiting any sustained rally.
The rebound of the 10-year G-sec yield above 6.6% reflects this reality. Even as the RBI signals accommodation, the large government borrowing programme and persistent supply overhang are limiting any sustained rally.