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Bond market signals no further rate cuts likely

Financial Express Hyderabad

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August 22, 2025

Spread between 10-year, 30-year GSec at 4-year high

- MAHESH NAYAK & CHRISTINA TITUS

THE DOMESTIC BOND market has delivered a clear verdict—no further rate cuts are expected in the current fiscal. This sentiment has gained traction following the announcement of a proposed cut in goods and services tax (GST), which has amplified concerns over fiscal slippage and additional borrowing.

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