India’s 10-Year Bond Falls for 10th Straight Week in Record Slump
Indian government bonds fell for a 10th straight week on Friday, their worst losing streak in three decades. Elevated crude prices and bets on a hawkish central bank weighed on the market.
Indian government bonds declined for a 10th consecutive week on Friday, marking their longest losing streak in three decades. Elevated crude prices and expectations of a hawkish central bank weighed on the market. Earlier this month, India’s central bank raised the benchmark repo rate to 5.5% and shifted…