Showing posts with label Spreads. Show all posts
Showing posts with label Spreads. Show all posts

Thursday, October 17, 2013

Indian Yield Curve - 17/10/2013



The yield curve has held on to its spoon shape, but 10Y bond spreads over 1Y / 2Y / 5Y bonds have continued to improve, because the yields of short term notes / bonds have steadily gone down. 


Thursday, September 26, 2013

Indian Yield Curve - 25/09/2013


Long-term bond yields beyond 15-yrs are still close to their highest values in the last 3-4 months (between 9 to 9.5%).

However, judging by the trend of 10Y yields over 6M, 1Y, 2Y, 5Y yields, the corrections seems to have begun. The 1Y, 2Y, 5Y yields have all fallen below the 10Y yield for the first time after 16/07/2013. The chart is below: