(Bloomberg) JPMorgan Asset Management increased its holdings of Indian local-currency sovereign bonds, viewing them as the best bet among peers in Asia. Most Read from BloombergSevere Turbulence Leaves 12 Injured on Qatar Airways FlightFed’s Favorite Underlying Inflation Gauge Is Seen CoolingIndia’s Markets Brace for Selloff as Modi’s Poll Goals in DoubtChina’s Housing Rescue Has a Poor Track Record in Pilot CitiesXi’s China EV Dream Came True. 10 Years On, Walls Are Going UpThe firm added bo
The firm added bonds in April when the yield on the benchmark 10-year bond rose above 7.15%, Julio Callegari, chief investment officer of Asia fixed income, said in an interview. It took some profits off Chinese government notes in the month, he added.
India's index-eligible bonds set for best performance in a year moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
India's Index-Eligible Bonds Set for Best Performance in a Year bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.