Reported about 16 hours ago
India's leading bond fund manager, Devang Shah, signals that the current rally in the sovereign bond market is nearing its conclusion, despite the general bullish sentiment. He anticipates a limited further decline in yields due to previous substantial drops and plans to adjust fund durations towards shorter-term notes. The Reserve Bank of India's easing measures have substantially decreased long-term yields, but Shah warns that the focus may soon shift as market dynamics evolve.
Source: YAHOO