Is Bond’s roller coaster ride over?

Is Bond’s roller coaster ride over?

Jaya Maheshwari
19 Nov 2019 05:40 PM
Now most of us have heard from the beginning of this year of how yield curve inversion is an indicator of an upcoming slowdown or a recession in years to come. It all began when the yields on the shorter tenor bond – 3 month was yielding higher than the 10 year paper in mid Dec last year. The spread between the two widened to as much as 50 basis points on September 3. Phase marked in blue ellipse. Before the start of this period, we saw the rate hike talks but this year saw three rate cuts!

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