Treasury heads in buying mode as 5-year yield jumps
With government bond yields now at attractive levels, treasury heads are actively thinking about making purchases.
After the RBI's FCNR(B) scheme ended, the five-year bond yield closed at 6.52%.
Although there's speculation about a delay in renewed buying due to upcoming policy minutes, the banking sector's liquidity remains robust, with funds ready to be invested shortly.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
