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Analysts: India's April bond outflows an aberration.
short by Kalpesh / on Thursday, 2 May, 2024
The recent sharp foreign investor selling in Indian government bonds in April, marking the highest monthly sales since the Covid-19 pandemic, is only an aberration, with inflows likely to continue in the coming months, senior market participants said.Outflows tied to weak local currency, higher US yields, and rate cut repricing.
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