The inclusion of Indian local currency sovereign bonds into its Government Bond Index-Emerging Markets (GBI-EM) along with UOB Asset Management s launch of an India-focused bond fund is a strong indication of the changing trends that are now favouring the local bond markets.
Don’t believe anyone who tells you there’s such a thing as a safe investment. Truth is, every asset from Treasuries to houses to dividend stocks involves risk.
Investors are freaking out that Jerome Powell & Co. won’t cut rates right away. Who cares if we’re buying safe yields up to 11.0% like the 3 we’re about to discuss.