The U.S. Treasury is likely to maintain current auction sizes for the fifth consecutive quarter, but investors are keenly awaiting clues about future increases or potential near-term cuts. The focus is on any forward guidance changes that could impact markets. Treasury’s borrowing estimate for the second quarter is significantly higher than previously projected, influenced by debt ceiling restrictions.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,