Fed Pivot Seen Boosting India’s Yield Advantage Over EM Peers

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Foreign flows to India’s $1.3 trillion sovereign bond market are likely to get a boost once the Federal Reserve and other central banks start cutting interest rates, according to T. Rowe Price Group Inc.

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Bank of Canada’s Pivot Opens Path for Others to Diverge From FedBank of Canada Governor Tiff Macklem led the Group of Seven in lowering interest rates, and his confidence may help reassure other central banks that they can launch into cuts before the Federal Reserve.
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