Macquarie’s Bond Yield Outlook
  • Elizabeth George
  • Sep 23 2013

September 23: Richard Gibbs, Global Head at Macquarie Securities, says there is upward pressure on 10-year bond yields, which is not just limited to India. “As RBI Governor Raghuram Rajan said, tapering is only being postponed, which means that we’re putting off the inevitable rise in 10-year bond yields and the long-term cost of capital,” he adds.