The sentiment in the bond market is bearish due to liquidity pressure, says Suresh Prabhu, Money Market Analyst.
The bond market will be under liquidity pressure and traders would watch out for any OMO announcement, says Suresh Prabhu, Money Market Analyst.
In an interview to CNBC-TV18, Brijen Puri, JP Morgan and Rajeev Mahrotri, IndusInd Bank speak about the bond market and give their outlook going forward.
The bearish sentiment in the bond market may continue as the mammoth borrowing programme, says Sandeep Bagla, ICICI Securities Primary Dealership.
In an utterly surprising move, the Reserve Bank yesterday said it will buy Rs 10,000 crore worth of bonds from the market today via open market operations (OMOs). Yields are expected to fall sharply tomorrow, reports Latha Venkatesh.
Since money supply is in excess of demand, and liquidity conditions are tight, Hitendra Dave of HSBC tells CNBC-TV18 that RBI's stance on rate cuts is unclear.
Due to the large size of the government’s borrowing calendar, Jayesh Mehta from Bank of America Merill Lynch says that 9% on the 10-year bond yield looks like a done deal.
According to Vikas Gupta from JPMorgan, the possibility of yields going back to 9% cannot be ruled out.
The bond market is nervous and on tenterhooks because of the size of the government’s borrowing program, says Neeraj Gambhir, managing director and co-head of fixed income at Nomura India.
The capital market reforms are encouraging measures to aimed at deepening market, says KPMG.
Pankaj Vaish, head of markets (South Asia) at Citi spoke to CNBC-TV18 what the Budget has in store for the bond markets.
Like shifting sands, financial markets are rapidly realigning, and that trend will be the thing to watch Thursday, when inflation data and the latest jobless claims are released.
The bond market seems to be in a trading range now. Despite positive factors like OMO announcements and weak GDP, says Sandeep Bagla, ICICI Sec Primary Dealership.
The 10-year yield is seen between 8.21-8.26%, says Suresh Prabhu, Money Market Analyst.
RBI's OMO continues to provide liquidity support to the bond market while keeping the yields under control, says Suresh Prabhu, Money Market Analyst.
The absence of OMO announcement has tempered sentiment in the bond market, says Mohan Shenoi, Kotak Mahindra Bank.
The bond market is likely to trade in a narrow range as investors await OMO announcement, says Sandeep Bagla, ICICI Securities Primary Dealership.
Rates strategist at Nomura India, Vivek Rajpal, tells CNBC-TV18 that he expects rates to consolidate around 7.45-8%.
RBI'S OMO & the fate of Greece are the key triggers for the bond market, says Sandeep Bagla, ICICI Securities Primary Dealership.
The bond market continues to be under supply pressure, says Suresh Prabhu, Money Market Analyst.
Reduced clarity on OMOs after the CRR cut could keep the bond market under pressure in the very short-term, says Ramanathan K, ING Invst Management.
Today is an important day in bringing the curtains down on what has been one of the best series in recent times - the January series for the stock market, says Udayan Mukherjee.
Indranil Sengupta, chief economist-India at Bank of America-Merrill Lynch spoke to CNBC-TV18 about his expectations of the market and the RBI policy meet scheduled tomorrow.
The momentum in the bond market is quite strong as the market is in the middle of pricing in the change in RBI's stance, says Sandeep Bagla, ICICI Securities Primary Dealership.
PN Vijay of pnvijay.com spoke to CNBC-TV18 about his expectations of the inflation figure and the corresponding market reaction today. He says that the street expects a near 9% inflation and that is a good improvement compared with last month.