Foreign investors currently hold less than 2% of government securities. Officials have in the past worried about the consequences of outsized debt inflows, leaving local banks and mutual funds as the main buyers of bonds.
European markets rallied as declining oil prices broke a three-week slump. Despite lingering investor caution due to geopolitical tensions in the Middle East and rising
US Treasury yields fell slightly while oil prices decreased following hopes for a US-Iran truce. Stock markets remained strong, driven by optimism in the AI
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