{
  "id": 9936176,
  "title": "ETMarkets Smart Talk | Rate-cut cycle over, RBI may be at cusp of rate hikes; yields could inch higher: Puneet Pal",
  "url": "https://urgent.news/2026/09/26/etmarkets-smart-talk-rate-cut-cycle-over-rbi-may-be-at-cusp-of-rate",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-26T07:10:20.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/bonds/etmarkets-smart-talk-rate-cut-cycle-over-rbi-may-be-at-cusp-of-rate-hikes-yields-could-inch-higher-puneet-pal/articleshow/134499579.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Indian fixed-income market is transitioning from a rate-cut cycle to a potential rate-hiking phase, according to Puneet Pal, Head of Fixed Income at PGIM India Mutual Fund. Pal anticipates that the Reserve Bank of India (RBI) may raise policy rates by 50-75 basis points by the end of FY27, leading to an increase in bond yields. Despite rising yields, Pal sees opportunities for investors, particularly in high-quality corporate bond funds and target-maturity funds, over the next six months. He advises investors to consider their investment horizon and risk appetite, with a phased approach to investing in the current environment of rising crude oil prices, elevated global bond yields, and sticky inflation.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}