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Fixed Income And Currency Market
25 May 2019
Bond Yields to Fall on Rate Cuts, OMOs
The election victory for the ruling NDA party has taken out political risk from bond markets and also ensures continuity of fiscal policy, as laid out in the interim budget for fiscal 2019-20. Bond yields fell sharply on rate cut hopes and increased liquidity infusion by the RBI.
Arjun Parthasarathy
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