Why Das should heed Buffett on bond yields10 min read . Updated: 04 Mar 2021, 05:40 AM IST
- The RBI governor’s attempt to draw a line in the sand on yield curve is not going down well with the bond market
- The RBI cannot stop or even slow down the rise in yields without purchasing bonds. But by doing so, it ends up infusing more liquidity at a time when it is trying to signal normalizing liquidity.