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 extended their rally for a fifth consecutive session, driven by de-escalating US-Iran tensions and strong foreign investment, pushing the 10-year yield to its lowest since March. However, concerns about a widening monsoon deficit in central India persist,…
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