When the Union Budget is presented on February 1, 2026, the bond market will not be looking for spectacle. It will listen for reassurance. With global interest rate cycles still uneven and India’s entry into global bond indices no longer an immediate catalyst, the budget is once again becoming the key domestic anchor for yields, […]
The Indian bond market witnessed a nuanced shift in October, with yields falling across most maturities, even as the longer end of the curve remained under pressure. According to Puneet Pal, head of fixed income at PGIM India Mutual Fund, the Reserve Bank of India’s unexpectedly dovish tone at the October 1 MPC meeting played […]