Bond yields likely to firm up on any RBI hint of liquidity normalisation

Mumbai: Bond yields are likely to inch up this week as investors factor in a normalisation of liquidity tone together with persistently high inflation, even as early signs of a possible change in Reserve Bank of India’s monetary policy take shape. The central bank will release the minutes of its Monetary Policy Committee (MPC) meeting on Friday, which will likely give more reasons to the bond market to push yields higher. Earlier this month,