India-US bond yield gap narrows to 1.88 percentage points: What does it signal and how to read its impact?
The yield gap between India’s 10-year government bond and the US 10-year Treasury note has narrowed significantly, falling to just around 1.88 percentage points — a far cry from the 6.35 percentage points spread seen in 2014. The development comes amid a steady drop in Indian bond yields driven by easing inflation, a dovish monetary…