Market move● Neutral for Indian equities
What can revive the battered government bond market?
The brief
- The report previews a discussion of what could revive the battered government bond market
- Global bond markets sell off as inflation fears and government debt pressure mount
- US 10-year Treasury yield reaches 5.34%, highest since 2002
- Centre's fiscal deficit touches 41.9% of full-year target at Aug-end: CGA
- Fiscal deficit reaches ₹7.1 lakh crore, or 41.9% of FY27 target, by August
- Bond supply may outweigh demand, push yields higher