In a notable shift, Indian government bond yields have plummeted, primarily fueled by a wave of foreign investment flooding the market. Recent tax reliefs on debt investments have acted as a magnet, pulling in global funds.
Money market experts attributed the easing yields on government securities to heavy inflows of Rs 11,026.331 crore in the last four days by foreign investors in these securities under the Fully Accessible Route.
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In a notable shift, Indian government bond yields have plummeted, primarily fueled by a wave of foreign investment flooding the market. Recent tax reliefs on debt investments have acted as a magnet, pulling in global funds.
