Nabard's ₹7,000 Crore Bond? Not Happening, Folks!

Folks, Nabard just hit the brakes on a colossal ₹7,000 crore bond issue! Why? Because those short-end yields are as stubborn as a mule! They thought rates would drop after last week's cash splash, but guess what? Power Finance Corporation is also waving the white flag, canceling ₹6,000 crore. It's a wild ride, and nobody's locking in money at these prices! Sad!