New Normal for India’s Record Borrowing Puts Heat on Bonds
The flame of blow torch heats a gold strip at a P.N. Gadgil Jewellers Pvt. workshop in Pune, India. (Photographer: Dhiraj Singh/Bloomberg)

New Normal for India’s Record Borrowing Puts Heat on Bonds

(Bloomberg) -- The Indian government’s record debt sales this year are part of a new normal for the country, and that’s going to keep long-tenor bonds under pressure despite Asia’s most aggressive ...
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