RBI’s dovish stance softens yields, but longer-term pressure remains: Fixed Income Outlook October 2025

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 […]