The share market is in the midst of a roaring rally but there's another bull market taking place: in bonds.
The most important part of the returns in Government securities consists of the Yield to maturity of the instruments subsequent and lower importance may be the terminal rate of investors exit.
Stephane Deo, chief European economist, UBS AG spoke to CNBC-TV18 about the outlook for euro and the European markets.
As a part of continuing efforts to bring liquidity to the cash-starved system, the Reserve Bank today bought Rs 5,782.95 crore bonds under its open market operations, against the target of Rs 10,000 crore.