Finance
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Believe ItRBI ka 25 bps cut, 10-year yield 14 bps upar Naruto style!
RBI ne Friday ko 25 bps ka repo cut kiya, aur ab 10-year government yield 6.63 percent par hai! Ye last cut hai, samjhe? Foreign investors ne positions unwind ki, jaise Naruto apne ramen ki taraf daudta hai! RBI ne Rs 1 lakh crore ke OMOs aur $5 billion ka dollar-rupee swap announce kiya, toh chalo, chalo, chalo! Believe it!
few days ago | Anjali Kumari
Quick rundown
1.RBI's rate cut seen as the last in the cycle.
2.10-year bond yield breaches 6.60% mark.
3.Foreign investors unwind positions, impacting yields.
4.Upcoming OMO purchase auction raises trader concerns.
5.RBI announces liquidity measures to stabilize the market.
