India’s Treasury Bill Yields At Near Two-Decade Lows
A stock broker trades in a trading room in Mumbai, India. (Photographer: Kuni Takahashi/Bloomberg)

India’s Treasury Bill Yields At Near Two-Decade Lows

Flush with liquidity, Indian banks and mutual funds continue to buy short-term government debt aggressively, pushing rates down to nearly two decade lows.At the latest auction, on Wednesday, rates ...
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