With the RBI keeping the repo rate unchanged at 5.25% and the benchmark 10-year G-Sec yield hovering around 6.75%, investors still have an opportunity to lock in attractive fixed-income yields, even though the biggest gains from the recent rate-cut cycle may be behind us.
For investors with a three-year horizon, the focus now shifts from chasing capital gains to earning steady carry while managing credit, liquidity and reinvestment risks.
