Post the June policy, where RBI front-loaded policy action with a 50bps cut, G-sec yields have only risen higher, both short-end and long-end. This has effectively reduced the transmission of the rate cut, especially at the long-end.
Post the June policy, where RBI front-loaded policy action with a 50bps cut, G-sec yields have only risen higher, both short-end and long-end. This has effectively reduced the transmission of the rate cut, especially at the long-end.