Asian equities reached a record high, outperforming US markets due to attractive valuations and robust growth prospects. This surge occurred as Treasuries declined following stronger-than-expected US jobs data, tempering expectations for Federal Reserve interest rate cuts. The market now awaits US inflation figures for further direction.
Prefer short-end corporate bonds, tactical allocation to SDLs: SBI MF CIO
India’s fixed income markets are recalibrating cautiously. While macro fundamentals have improved, elevated borrowing and weak demand shape the bond outlook. SBI Mutual Fund’s CIO