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Stablecoins: Bitcoins Achillesferse?
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Kanada: Jüngste Schwächephase auf dem Arbeitsmarkt sollte sich als vorübergehend erweisen
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MUMBAI: The post-Budget party on Dalal Street may be over for now as market participants prepare for further pain next week ahead of the expiry of the February derivative series amid the ongoing turmoil in the domestic bond market.
Keen observers pointed to the unrest in the government bond market that’s creating uncertainty among investors to price future risks and form expectations around returns. On Thursday, another bond auction conducted by the Reserve Bank of India failed as investors demanded higher returns that the central bank was unwilling to accept.
Rock-bottom bond yields in India and abroad had been one of the primary contributors to the swashbuckling rebound in the equity market over the past 10 months, but lately bond yields have started to reverse in sign of rising inflation expectations among investors.