Indian government bonds are rallying for a sixth day. Falling oil prices are boosting investor confidence. This is happening despite a hawkish outlook from the US Federal Reserve. Expectations of a reopened Strait of Hormuz are driving oil prices down. Cheaper crude oil improves India's inflation and fiscal outlook. Foreign investors are also pouring money into Indian debt.
Indian government bonds are experiencing a six-day rally, fueled by a significant drop in oil prices. This positive trend is occurring despite a hawkish stance from the US Federal Reserve. Cheaper crude oil is bolstering India's inflation and fiscal outlook, attracting…
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