Short bonds in India lead selloff as demand worries loom
By Subhadip Sircar Shorter-tenor sovereign notes led declines in the Indian debt market for the third straight session as muddied outlook on rate cuts by the central bank and tepid demand at an auction for the securities eroded traders’ sentiments. The yield on the 5.22% 2025 bond is up 4 basis points to 5.15% on … Read more