Mint Quick Edit | Government bond yields shot up after India unveiled its budget: How much of a worry is this?
India’s bond market reacted to a government borrowing plan that was probably bigger than expected. While upward pressure on the cost of capital is an obvious worry, the appetite of foreign investors for Indian debt poses its own riddle.
India’s bond market reacted to a government borrowing plan that was probably bigger than expected. While upward pressure on the cost of capital is an obvious worry, the appetite of foreign investors for Indian debt poses its own riddle.
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