Traders See Cash Tightening in India to Drive Bond Playbook

India’s sovereign bond investors are converging on a trade idea for 2021. They’re betting that short-term yields would rebound as the central bank soaks up excess cash on signs of an economic recovery. Source: Bloomberg RBL Bank Ltd. and Quantum Asset Management Ltd. are among those forecasting that liquidity tightening by the Reserve Bank of…

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As Markets Plummet, Go-Anywhere Bond Funds Rise to the Occasion

 As interest rates have continued to climb today’s bearish market, the non-traditional bond funds have gained 0.6% this year.   Source: Bloomberg Created after the financial crisis to prosper on rising interest rates, the funds instead have bumped along for years amid persistently low borrowing costs. But as rates have climbed in today’s bearish market, go-anywhere bond…

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Bond Market Slide Intensifies

Rising rates reflect optimism in economic prospects, but can slow growth by making borrowing more expensive Source: The Wall Street Journal The worst bond rout in three years deepened Thursday, hammering debt issued in emerging markets and many U.S. states and cities, while sparing large companies the brunt of the impact. The yield on the 10-year…

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