Finance
Mr. BillionhairRBI's Huge Bond Buy: Yields Still High, What a Disaster!
Listen up, folks! The RBI is about to make the biggest bond-buying move ever, up to ₹5 trillion by 2027! They slashed rates—125 basis points! But yields? Still sky-high! Banks are laughing all the way to the vault! It's a total mess, but don't worry, we're gonna fix it—big league! Tremendous things are coming, believe me!
few days ago | Bloomberg
Quick rundown
1.India's central bank faces transmission trouble with bond yields.
2.RBI expected to buy up to ₹5 trillion in bonds by March 2027.
3.Despite rate cuts, only 10% of reductions have affected bond yields.
4.RBI's forex operations to support the rupee have drained liquidity.
5.A potential US trade deal could ease growth concerns and bond purchases.
