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GOI Report
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May ' 26 GOI Report

In our 07-Apr-26 report (10Yr GOI 7.05%) we had assigned a 65-70% probability to Crude rising towards $145 by Sep-26 and had said that this could cause the CPI to move up to 6.2% by Nov-26 and the 10Yr GOI to target 7.37% by Feb-27. Since then, Brent has seen two short-lived dips below $100 but has bounced back both times as there has been predictable back and forth and dilly dallying in the US-Iran negotiations.
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WHAT'S NEW?
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