New Delhi, Sept. 28 -- Amid a poor show by the key benchmark indices of the Indian stock market for the last two years, Chris Wood of Jefferies has lit a ray of hope for the bulls of Dalal Street. The Head of Equity Research at Jefferies has been quite vocal about the single trigger that may fuel a fresh bull trend in the Indian stock market.

The single trigger is the manipulation or suppression of US bond yields, rather than fixing them, as the Japanese government did in 2016. One hint about such a move in the US bond market, Chris Wood of Jefferies told LiveMint in an e-mail reply, the US 10-year bond yield will be actively suppressed, if not fixed, at some point between 5% and 6% on the 10-year Treasury.

On when suppression of the US...