Pimco Most Bullish on Indian Bonds as Rate-Cut Wagers Mount
Jason Kelly celebrates as confetti falls at the close of trading in the Wheat Futures trading pit at the CME Group Inc.’s Chicago Board of Trade on the last trading day of the year in Chicago, Illinois, U.S. on Thursday Dec. 31, 2009. Wheat futures were little changed and may rise after a U.S. government report showed export sales jumped 67 percent in the most recent week. Photographer: John Zich/Bloomberg *** Local Caption *** Jason Kelly

Pimco Most Bullish on Indian Bonds as Rate-Cut Wagers Mount

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(Bloomberg) -- The new year promises to bring more gains for India’s sovereign bond market, which has rallied hard and broken a five-quarter losing streak to end 2018 on a high.
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