US debt crisis fuels de-dollarisation talk; may boost emerging markets: Puneet Pal

The growing U.S. debt and fiscal deficits are sparking de-dollarisation conversations, potentially benefiting emerging markets like India. While immediate outflows from U.S. bonds are limited, long-term implications could reshape investor sentiment. Increased U.S. debt may lead to elevated yields and steeper yield curves globally, influencing bond issuance strategies.

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