HALISTER1: RBI’s Change to Neutral Stance Surprising, Policy Hawkish: Trust

RBI’s Change to Neutral Stance Surprising, Policy Hawkish: Trust

(Bloomberg) -- RBI’s policy is fairly hawkish and the change in stance from accommodative to neutral was a surprise, says Sandeep Bagla, associate director at Trust Capital Services India.
  • “Clearly the focus is now on financial stability as bonds will react more to global variables,” says Bagla
  • Domestic liquidity and low inflation inflation expectations will cushion the fall in bond prices
  • Yield on 6.97% 2026 bond yield jumps 25bps to 6.68%
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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Sandeep Bagla (Trust Capital Services Pvt Ltd)

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