Kshitij Consultancy Services
Kshitij Consultancy Services

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GOI Report
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Oct ' 26 GOI Report

In our 10-Sep-26 report (10Yr GOI 6.98%), we had noted that the Long end of the Curve, viz. the 10Yr GOI was rising due to a number of factors. We said, “Whether the RBI will raise rates on 07-Oct will depend on whether Crude happens to be breaking higher or would have cooled off from $105 to $95”. That situation remains more or less the same. Crude rose to $110, dipped below $96 but again rose to $104 from there. The US10Yr has soared past the Oct-23 high of 5.02% to a high of 5.35% so far. The US FED has raised rates by 25bp to 4.00% and the Aug-26 India CPI has come in at a high of 4.82%.
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