India bond markets have witnessed quite a bit of volatility in the last few months. The yields on the 10-year government bonds fell from 7.45% to 7% and have risen back to 7.25-7.35% due to rise in US bond yields and crude prices.
Fundamental—Macro picture highlighting the case for adding bonds. Structural—Changing market demand-supply dynamics and a case for long bonds (duration). Relative—Perspective from history highlighting outperformance of bonds markets over other asset classes.
