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I m a pro-marketeer, but the market does not always know best

One peculiar side-effect of Liz Truss’s short-lived premiership has been the exposure of the idea that people who self-identify as “pro-market” believe government policy should be dictated by the “verdict of markets” and that the “verdict of markets” can be identified by talking to a few financial traders about why they are buying or selling today. Stranger yet, on the centre-Left of politics, some appear to have sympathy with this bizarre notion, as reflecting a pragmatic reality governments ha

india: Citi, BofA see India s 10-year bond yield sub-7% post index inclusion

The inclusion should help improve sentiment around India s bond market, "which has, on its own, been very resilient in the context of the selloff witnessed in the global fixed income markets in recent months," said Citi.

bond market: ICICI Bank may raise Rs 4000 crore via infra bonds soon

The private sector lender may tap the market in the next two weeks and is looking to raise up to 40 billion rupees (about $481 million) via bonds maturing in seven to 10 years, they added.

JPMorgan Is Adding India to Its Emerging-Markets Bond Index

(Bloomberg) JPMorgan Chase & Co. will add Indian government bonds to its benchmark emerging-market index, a keenly awaited event that could drive billions of foreign inflows to the nation’s debt market. Most Read from BloombergEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid Tensions‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsWall Street Trading Roiled by ‘Post-Fed Hangover’: Markets WrapRupert Murdoch to Leav

FPIs: FPIs sell Rs 4,200 crore equities so far in September

Before the latest outflow, FPIs were incessantly buying Indian equities in the last six months - from March to August - and brought in ₹1.74 lakh crore during the period.

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