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:



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