Key Points
"But even after all that if you see the aggregate April, May, June quarter number could well be at par with RBI's estimates..
Do you still believe that the pause in the rate hike will be an ideal situation for RBI or you think that looking at the expectations and the huger possibility of the data to come out on a higher end also, we can see a slight rise over there?..
If you look at the US 10-year yields, it has breached very meaningfully past the 4% mark on the higher side, currently trading at around 4.07-4.08..
So at least one rate hike seems to be in the offing because there seems to be clearly a tale of two cities or two countries in this matter where India there is still a reasonably more docile environment but rest of the world, including the US, the UK and the Eurozone, the inflation and the overall big picture on the macro front still needs to stabilise which means we are not yet done with hiking of rates in the US as yet...
On the debt front, the bond yields have also factored the kind of possibilities in terms of reports and inflation data and there has been a minor hike over there..
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