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    Long Term Bond Yields

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    • RBI issues fresh measures to bail out banks, mkts to rally

      The Reserve Bank of India (RBI) on Tuesday late evening issued another set of measures, aimed at twin purposes: arresting dip in long term bond yields and shielding banks from incurring financial losses due to declining bond prices.

    • Fed buys some time in push to wind down stimulus

      While the Fed said the US economic recovery continued apace, it pledged to continue buying USD 85 billion of bonds each month and pointed to modest growth, higher mortgage rates and low inflation as risks to overall economic well-being. Missing entirely was any mention of pulling back on bond purchases

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