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Fixed Income And Currency Market
10 Oct 2021
Gsec yields to normalise on RBI policy, US wage growth
RBI stopped Gsec purchases in its policy review last week, pushing up yields on government bonds. Gsec yields have been held artificially low by RBI through its bond purchases and market interference and the stopping of G-SAP program will help bond yields normalise to market driven levels.
Arjun Parthasarathy
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