Government bonds will be included in the Bloomberg Emerging Market (EM) Local Currency Government Index on January 31, which Nick Gendron, global head of fixed income index at Bloomberg Index Services described “as a great first step”.
Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.
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