This Chart Of Indian Borrowing Costs Will Make Your Eyes Bug Out
Advertisement
The big story today is the weakness in emerging markets, particularly Indonesia, Thailand, and
Advertisement
One pain point for emerging markets has been the big whoosh of foreign money away from these markets. As the economy has improved in the US (and Europe) and interest rates have gone up, that's lessened demand for emerging market assets, including government debt.
To see this in incredibly stark form, one needs only look at the yield on Indian 10-year bonds.
Check out the surge in yields since the spring.
Advertisement
Advertisement
- Top 10 must-visit destinations in Lonavala in 2024
- T20WC broadcasters announce special feed for hearing and visually impaired fans
- Motorola Edge 50 Fusion with 144Hz pOLED display, 5,00mAh battery launched starting at ₹22,999
- Today's Silver Prices (May 16, 2024): Updates for Mumbai, Delhi, Kolkata, Bengaluru, Chennai, and other Indian cities
- Bridgerton season 3 will be out on Netflix India today! Here’s everything you need to know about the popular period drama