Economic TimesLean R·
India bonds rise as index-entry hopes counter rise in US yields
Indian government bonds saw gains as anticipation of Bloomberg index inclusion and improved liquidity bolstered prices. Despite higher U.S. yields and rising oil due to geopolitical tensions, traders are optimistic. Foreign investors have significantly boosted purchases of Fully Accessible Route bonds, driven by expectations of their inclusion in global indices. Market sentiment hinges on monsoon progress and global stability for further rallies.
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