Economic TimesLean R·
India bonds rise for sixth straight week as foreign flows continue
Indian government bonds took a small step back on Friday, halting a strong six-week upward trend. The market's prior gains were supported by vigorous foreign investor interest, spurred by the prospect of being included in a global debt index and easing crude oil prices. Billions have flooded into Indian bonds recently, particularly the key 10-year note, as overseas investors expect substantial passive investment influxes.
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