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- 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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Institution: As bond yields soar, the Reserve Bank of India may intervene.
Jin10 data reported on September 1, analysts said that the Reserve Bank of India may purchase bonds in the Secondary Market or refuse bids at auctions to curb the largest bond dumping in over three years. Economists from ICICI Securities Primary Dealership, led by A. Prasanna, wrote in a report that the Central Bank "should be somewhat concerned about the speed of the rise in yields." He stated that the Central Bank "is looking to release a moderate signal through means such as making statements or small-scale purchases in the market to ensure the smooth operation of the bond market."