From rate cuts to fiscal glide path: how macroeconomic forces have reshaped India’s yield curve in 2025

India’s 2025 yield curve has emerged as one of the clearest mirrors of the country’s evolving macroeconomic confidence. Rather than reacting mechanically to rate cuts, bond markets have adjusted prices across maturities in ways that reflect short-term stability, medium-term policy credibility, and constructive long-term growth prospects. The result is a yield curve that is neither […]

Navigating Market Turbulence and Resilience: Indian Fixed Income Year to Date

Indian fixed income has delivered modestly positive returns amid low inflation and robust growth, supported by steady FPI debt inflows and accommodative RBI policy. The central bank’s October 1 pause on a 5.50% repo rate maintains policy support, pending clarity on global trade headwinds, and positions itself for possible future easing. Market performance (January – […]