Bullish bets on India’s short-term bonds are making a comeback after the central bank pledged to maintain abundant liquidity in the banking system to support the economy. The Reserve Bank of India surprised bond traders on Friday when it didn’t take steps to pare back on the cash glut that caused short-term rates to collapse. Instead, it reiterated liquidity support for the debt market with instruments including open-market bond purchases.
Nine big financial changes that you must watch out for in October
Read More