Indian bonds have surged for the fifth straight session, fueled by easing U.S.-Iran tensions and robust foreign investment. The 10-year yield has fallen to its lowest point since March. However, concerns linger about a widening monsoon deficit in the central region, which could lead to food inflation and dampen market enthusiasm amid the global improvements.
Indian bonds have surged for the fifth straight session, fueled by easing U.S.-Iran tensions and robust foreign investment. The 10-year yield has fallen to its lowest point since March. However, concerns linger about a widening monsoon deficit in the central region, which could lead to food inflation and dampen market enthusiasm amid the global improvements.
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