Indian government bonds saw a significant rally for the fourth consecutive day, buoyed by falling oil prices and positive sentiment from foreign inflows and the Reserve Bank of India's cautious stance on rate hikes. This surge occurred ahead of a substantial debt sale, with benchmark yields dropping. Overseas investors are showing strong interest, marking the highest monthly inflow in two years, potentially driven by index inclusion expectations.
Indian government bonds rallied for the fourth consecutive day, driven by falling oil prices and strong foreign inflows. Benchmark yields dropped significantly ahead of a major debt auction. Overseas investors recorded the highest monthly inflow in two years, likely anticipating…
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