India’s Bond Market Sends Warning Signals as Global Investors Grow Uneasy
India’s bond market is flashing warning signs as rising government borrowing, global geopolitical tensions, and balance of payments concerns push sovereign bond yields sharply higher despite aggressive monetary support from the Reserve Bank of India (RBI). Over the past twelve months, India’s benchmark 10-year government security (G-sec) yield has surged nearly 90 basis points since … Read more