The Indian Steel Industry has been through a tumultuous roller coaster ride in 2020. However, in the recent months things have taken a turn for the better and the industry is reviving in full swing. Let's look at the journey and what lies ahead.

Now, theoretically, given that the long bond yield is the risk-free rate, a higher bond yield is bad for equities and vice versa. But one must also remember why bond yields are changing and not just the direction of change. “Long bond yields reflect the growth and inflation mix in the economy. If growth is strong, bond yields are usually rising.