India Bond Buyers Emerge as Nomura, StanChart Say Worst Over
- Sovereign debt valuations reflect most negatives: StanChart
- RBI is ahead of the curve, hike can stem outflow: PineBridge
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Is the worst over for India’s much-battered bond market? Standard Chartered Plc and Nomura Holdings Inc. seem to think so.
The lenders are among investors who are adding to their Indian debt holdings, betting that the central bank will stay on hold for the rest of the year after raising interest rates last week for the second time since June.