Fund Managers Cash in on India’s Bond Rally
Fund Managers Cash in on India’s Bond Rally 1(Bloomberg) — Money managers in India are selling into the recent rally in the nation’s long-tenor bonds. Benchmark yields have slid almost 30 basis points since mid-December, thanks largely to the central bank’s unconventional policy action to buy long-end debt while selling short-end notes. Still, the lingering concern about the …
News story posted on 2020-01-06T04:58:00.0000000Z