The fact that RBI may not cut rates this month does not mean that it will not cut rates at all. In fact RBI is more likely to cut rates by 50bps in July than 25bps in June as rate Read More
The new ten year benchmark bond the 8.15% 2022 bond will see its yields trending down towards 8% in the coming weeks on the back of RBI announcing a fresh OMO (Open Market OperatioRead More
Economic data of IIP (Index of Industrial Production) growth, inflation as measured by the WPI (Wholesale Price Index) and advance trade numbers for May will drive markets this weeRead More
The sudden flurry of activity in the government post a dismal fourth quarter GDP growth number is not going to get India anywhere near a sustainable growth path. GDP growth for fouRead More
The characteristics of corporate bonds in India differ from that of government bonds. Corporate bonds usually have annual coupons while government bonds have semi annual coupons. CRead More
The ratios covered so far include valuation ratios and profitability ratios, which are the most visible ratios for evaluating the performance of a stock. However there are other raRead More
Real estate in India has bucked a trend of non performing asset classes. Real estate has outperformed equities, currency and bonds by a wide margin. Table 1 shows the performance oRead More
The ten year benchmark bond yield can potentially fall by 100bps in the coming months. The yield on the current on the run bond the 8.79% 2021 bond is at 8.35% levels and its yieldRead More
The record low ten year bond yields of US, Germany, UK and Japan at 1.45%, 1.17%, 1.53% and 0.87% respectively is due to the flight to safety by bond investors worried on debt repaRead More
Weak domestic growth data, record low US and German bond yields, sharp fall in commodity prices and RBI bond purchases have set the stage for a smart rally in bond yields. Ten yearRead More
Bond yields in the US and Germany fell to record lows on the back of fresh flight to safety trades by investors. Ten year US treasuries closed at 1.45% and ten year German bund yieRead More
It is true that the RBI has to address the GDP growth fall but it will have to be allowed to do so in a manner that is not disruptive. The sharp fall in fourth quarter GDP growth tRead More
US asset class outperformance to continue US equities, bonds and the currency have been the best performers across asset classes over the last one year period. The strong performanRead More
The Euro has fallen to two year lows on economic woes in the Eurozone. The seventeen nation currency is trading at a two year low against the USD at Euro 1.245 levels, down over 14Read More
Long term income funds are a category of fixed income funds that aims to generate returns from investments in longer maturity government and corporate bonds. The principle behind lRead More