Indian Bond Yields Ease on Short Covering, FPI Buying
The previous several weeks have seen pressure on the yield on Indian bonds, particularly after the government’s announcement of the GST changes. FPI Buys Ease Yields According to analysts, short-covering by traders, potential Reserve Bank of India (RBI) action, and purchases by foreign portfolio investors (FPI) via the Fully Accessible Route (FAR) caused Indian bond … Read more