India Bonds Lead Asian Markets as Oil and Treasury Yields Fall
Indian government bonds were emerging Asia’s best performers this week. The report links the gains to lower oil prices and Treasury yields, which eased pressure on the rupee and led investors to reduce bets on aggressive Reserve Bank of India rate hikes.
By Khushi MalhotraIndian government bonds were the best performers in emerging Asia this week, as a Democratic victory in the US midterm elections sent oil prices and Treasury yields lower, easing pressure on the rupee and prompting investors to scale back bets on aggressive Reserve Bank of India r…