Fixed income investors might need to adjust their strategies. Experts suggest shifting from long-term bonds to accrual strategies. Focus should be on schemes earning through steady interest. Investors who gained from falling yields can consider booking profits. Short to medium tenure funds and corporate bonds are now attractive. Ultra short-term funds are suitable for shorter horizons.
Oil rises as US orders diplomats to leave Saudi Arabia amid escalating tensions
Oil prices rose as Houthi attacks in Saudi Arabia increased tensions and led to US diplomatic withdrawals. Brent crude futures gained $1.29, while US West