Bonds Take a Wild Ride as RBI Drops Hawkish Bombshell

Bonds had a wild ride this week! The Reserve Bank of India dropped a hawkish bombshell, and they closed a key deposit facility early. Crude oil prices shot up, making inflation fears skyrocket! With hints of rate hikes ahead, traders were left biting their nails. In the end, long-dated yields soared to dizzying heights, making this week unforgettable!