India’s 10-year bond yield inched up 4 bps to 6.57% in September, supported by stable policy, ample liquidity, and a dovish global backdrop after the US Fed’s rate cut. RBI may deliver one more 25 bps cut by December.
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise