RBI has kept the repo rate unchanged for the ninth month in a row. And our inflation data seems to be weird. Headline inflation has been volatile. It increased to 5.1% in June after remaining steady at 4.8% during April and May. Food inflation has been sticky and rising, but core inflation is at its historic lows. India’s 10-year bond yield hit a 28-month low. In short, weird events have happened since the pandemic ended and there has been no shortage of drama in the Indian bond market in the last 2-3 years. To make sense of these events I spoke to Sandeep Yadav and Suyash Choudhary, Heads of Fixed Income Investments at DSP Mutual Fund and Bandhan AMC, respectively.