India's bond market is under renewed strain, with debt sliding for a sixth straight week as a global rout deepens, undoing some of the earlier relief from the government's shift to
India's bond market is under renewed strain, with debt sliding for a sixth straight week as a global rout deepens, undoing some of the earlier relief from the government's shift toward longer borrowing maturities. The rupee's cushion looks thinner too, as foreign exchange reserves dropped meaningfully in the latest central bank data. Meanwhile, the news flow is dominated by political noise, from election commission protests to UN sparring with Pakistan, none of which so far points to a clear market driver.
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Ezbrisk weighs each event against the market reaction and publishes a verdict with an overreaction reading. How the methodology works