The fall in yields has been driven by rising hopes of an index inclusion, which could lead to around $30 billion in passive flows, and the recent drop in oil prices.
Government bond yields globally rose to multi-decade highs recently due to sell-offs in sovereign debt. Investors demanded higher returns amid persistent inflation and uncertainty regarding
MSCI will include Life Insurance Corporation of India, Coforge, Adani Green Energy, and Meesho in its index. The changes will take effect on November 30,
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