RBI Policy Feb 2018 : Assessment and Takeaways
The RBI policy came amidst considerably uncertainty with participants, given the underlying global macro backdrop as well as the recent […]
Blogs
Fixed Income Takeaways from Budget 2018
The Union Budget 2018 came in the backdrop of an extremely nervous bond market. The reasons for the massive sell
Canary In A Coal Mine? – A Macro Update
Introduction The most important factor in the bond market today is to be able to ascertain whether or how soon
Blogs
Dovish But Hawkish: RBI Pleasantly Confuses
The bond market took the RBI policy gladly and used it to build on the momentum already established since the
Blogs
You Want It Darker : A Bond And Macro Update
Introduction India’s once unassailable macro has taken some hits recently. We have argued before that this should be seen in
The ‘Garg Put’ And Market Implications
The secretary Department of Economic Affairs (DEA), Subhash Garg, is now associated as the face of the government when it
Blogs
Communication Breakdown? MPC Minutes
It may be recalled that the April RBI policy had pleasantly surprised the market, insofar that FY19 CPI forecast was
Bonds Are Cheap: A Fixed Income Discussion
Our view remains that Indian bonds, particularly government bonds, are attractively poised given that this juncture represents an intersection of