Author: 5950x

ASIA: India has asked its central bank to either buy back government bonds or conduct open market operations to cool yields that have hit their highest since 2019, as inflation risks push foreign investors to sell, a government source told Reuters on Monday. The 10-year benchmark bond ended at 93.69 rupees on Monday, yielding 7.46%,
The post Market Talk – May 10, 2022 first appeared on Armstrong Economics. source:

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