Bond yields to ease in Q3 FY13: UBS
Bond yields are expected to ease in the January-March quarter with lower than expected additional government borrowings, says Ashish Vaidya of UBS AG. He adds that he expects interest rate cuts of 50-75 bps from the Reserve Bank of India (RBI) in the first half of 2013. According to Mr Vaidya, the outlook for the second half remains uncertain and would depend on domestic and global developments impacting the inflation scenario.
