The central bank’s planned special open market operation involving the simultaneous purchase and sale of securities seems largely aimed at lowering borrowing costs for the government, but the question is whether it is worth distorting market interest rates.
3 min read28 Aug 2020Fears of a recession escalated after the US yield curve inverted last week, prompting investors to seek refuge in safe-haven assets such as goldGlobal issues apart, the rupee has internal worries to tackle
2 min read22 Aug 2019Any hints that the looming inversion has them contemplating a slower pace of rate hikes could spur another bout of bull steepening
2 min read13 May 2018Let us be under no illusion about the global nature of the asset bubble we are facing
4 min read21 Nov 2017Carry trades in eight developing-nation currencies tumbled 3.8% over the past 2 days as the yield advantage on emerging-market bonds narrowed to a 16-month low
3 min read11 Nov 2016Bond markets rife with distortions are bound to throw a tantrum as central banks try to unwind (in the case of Fed) or even twist (in the case of BoJ) their measures
2 min read26 Sep 2016Investors could look at dynamic bond funds, which can take advantage of cyclical duration opportunities
3 min read17 Mar 2016Knowing how the yield curve moves helps in understanding the future interest rate dynamics better
2 min read29 May 2014For those looking to make fresh investments, invest as per your investment horizon and risk appetite.
3 min read11 Oct 2013The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared