Shaken & stirred: Bond yields rise at fastest pace since 2008 https://ift.tt/GkdUlLT bond yields are rising at the fastest pace since the 2008 global financial crisis as investors bake in the likelihood of stubborn inflation and higher-than-budgeted government borrowing, outcomes that could prompt the central bank to raise policy rates more quickly than initially anticipated.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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