Indian debt funds set to extend $4.5 billion bond selloff after RBI policy shift
Representational image. | Photo Credit: Getty Images/iStockphoto Indian mutual funds are set to sell more government bonds after offloading $4.5 billion since July, four fund managers said, as the central bank’s policy shift raised expectations of a longer, steeper rate-tightening cycle. The Reserve Bank of India raised rates for the first time in nearly four…
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