August 29, 2024 05:39 GMT
Bond Wrap
INDIA
- The Indian economy will expand 6.9% in FY 2025, 6.7% in FY 2026 and 6.5% in FY 2027, according to a survey of 38 economists conducted by Bloomberg News.
- This growth potential may pose challenges for capital flows for China, whose growth outlook is declining.
- India equity indices are higher in early trading, heading for an 11th straight day of advances in the longest such stretch since October 2007.
- Bonds were not as active with light volumes and limited price movement.
2yr 6.763% 5yr 6.778% 10yr 6.886% (+0.5bp) 30yr 6.995%
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