Bond investors to test India’s yield comfort in first auction of year
Indian bond markets are set to
demand punishing high yields at the federal government’s first
auction of the fiscal year on Thursday as they test both the
government’s ability to pay as well as the central bank’s intent
to cap interest rates.
demand punishing high yields at the federal government’s first
auction of the fiscal year on Thursday as they test both the
government’s ability to pay as well as the central bank’s intent
to cap interest rates.
Posted by Reuters
