Prepare for interest rate market volatility, says Uday Kotak
Uday Kotak has cautioned about upcoming fluctuations in interest rate markets, advising investors to "be ready for a roller coaster ride." This comes as Japan's 10-year bond yield climbed above 3% for the first time since 1996, while the US 10-year Treasury yield approached 4.8%. Kotak noted that as government debt and deficits rise, central banks might be forced to expand their balance sheets by printing more money.
by shortkt.com✓