Bond market mein abhi halat tight hai kyunki states ne record **₹3.61 lakh crore** borrow karne ka plan banaya hai. Saath hi, RBI ki meeting se rate hike ka dar alag baitha hai.
Bond Market mein kyun hai panic?
Market mein naye debt ki supply kaafi zyada ho gayi hai, aur jab supply demand se badh jaati hai, toh bond prices girne lagte hain. Simple logic hai—price girega toh yields (7.20% - 7.21%) upar bhagenge. State governments ka ₹3.61 lakh crore ka borrowing program market ke liye ek bada load hai.
RBI aur Rate Hike ka Tension
Ab sabki nazrein October 5 se 7 tak hone wali MPC meeting par hain. Market mein charcha hai ki RBI 25 basis points ka repo rate hike kar sakta hai. Reason simple hai—crude oil ke prices $100 per barrel ke upar chal rahe hain, jo inflation ko control se bahar kar rahe hain.
Investors ke liye kya matlab hai?
Jab interest rates badhte hain, toh purane bonds ki value gir jaati hai kyunki naye bonds market mein better returns ke saath aate hain. Sirf government hi nahi, aapke aur mere liye bhi loan ki EMI mahangi ho sakti hai. Ab sab wait kar rahe hain ki RBI ka agla kadam kya hoga—kya woh liquidity control karne ke liye koi bada announcement karenge ya market ko relief milega? Agle kuch din bond market ke liye kaafi volatile ho sakte hain.