由于财政压力和需求疲软,预计印度的债券市场将持续到2026年。 India’s bond market expected to stay bearish through 2026 due to fiscal stress and weak demand.

Emkay Research(Emkay Research)的一份报告预测印度债券市场将持续到2026财政年度, 十年政府债券收益率预计将保持在6.55%至6.70%之间。 A report by Emkay Research forecasts India’s bond market will remain bearish through fiscal year 2026, with the 10-year government bond yield expected to stay between 6.55% and 6.70%. 这一前景的驱动力是结构性问题、国家一级的财政压力不断上升、保险公司和养老基金需求疲软以及银行因市场亏损而胃口下降。 The outlook is driven by structural issues, rising state-level fiscal stress, weakened demand from insurers and pension funds, and banks’ reduced appetite due to mark-to-market losses. 尽管长期财政趋势有所改善,但货币转移机制破裂和借贷成本上升可能会对证券市场和金融稳定造成压力,并可能持续到2026年以后。 Despite improved long-term fiscal trends, a broken monetary transmission mechanism and elevated borrowing costs could weigh on equity markets and financial stability, with bear flattening likely to persist beyond 2026.