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Support from flows and policy backdrop – DBS

DBS Group Research economist Radhika Rao notes that India’s 10Y government bond yield has remained confined between 6.90% and 7.05% as domestic and global drivers offset each other. She highlights shifting Federal Reserve expectations, RBI’s non-hawkish policy stance, tighter system liquidity, expected FCNR(B) inflows, offshore borrowings, and potential Bloomberg index inclusion as key factors supporting Indian bonds and the Rupee.Yields capped by domestic and global forces”Bonds are caught between domestic and global catalysts, which has…

Business

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Over 11,000 bottles of blood pressure medication recalled nationwide

More than 11,000 bottles of blood pressure medication are being recalled nationwide due to a manufacturing defect, according to the Food and Drug Administration. The 11,460 bottles of chlorthalidone tablets, USP, 25 mg, are being recalled because of “failed dissolution specifications.” Dissolution tests measure the release rate of a drug and…

Markets

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Investing

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