Economic TimesLean R·
ETMarkets Smart Talk | Rate-cut cycle over, RBI may be at cusp of rate hikes; yields could inch higher: Puneet Pal
After an aggressive rate-cut cycle, the Indian fixed-income market could be entering a very different phase, with rising crude oil prices, elevated global bond yields and sticky inflation putting renewed pressure on the domestic bond market.Puneet Pal, Head of Fixed Income at PGIM India Mutual Fund, believes the rate-cut cycle is over and the Reserve Bank of India could be at the cusp of a rate-hiking cycle. He expects policy rates to rise by 50-75 basis points by the end of FY27, with bond yie…
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