Reported 1 day 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