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10-year bond, repo rate gap shrinks to over 5-year low Are we near a rate-cutting cycle?

Spreads have narrowed further as the market s terminal rate expectations might have changed with the RBI keeping the policy rate unchanged and inflation easing, say fund managers

Sanjay pawarPankaj pathakMinistry of statisticsQuantum mutual fundFund fixed incomeProgramme implementation onMonetary policy committeeMutual fund asset managementReserve bankFund managerFixed incomeFund asset managementProgramme implementationWall street10 year benchmark bond10 year bond yield