Indian Debt Gains Prominence with JPM Flows Amidst US Rate Cuts

Monday, 15 July 2024, 13:29
Indian debt is set to shine in the emerging markets arena as a result of increased foreign flow, particularly from the JP Morgan bond index. Expectations suggest a monthly inflow of $2 billion, but with the impending rate cuts by the Fed, this figure may be surpassed. The shift in market dynamics poses Indian debt as a top contender among emerging markets.
Economictimes
Indian Debt Gains Prominence with JPM Flows Amidst US Rate Cuts

Indian Debt Rising in the Market

Local traders foresee a substantial foreign flow contribution to Indian debt, notably from the inclusion in the JP Morgan bond index.

Anticipation of Increased Monthly Inflow

Estimates point to a monthly influx of $2 billion into Indian debt, demonstrating the market's confidence in the potential growth.

Impact of Fed Rate Cuts

With the Federal Reserve indicating impending rate cuts, Indian debt is primed to become a preferred choice within the emerging markets segment.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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