Indian government bonds have been added to the global emerging market bond index, providing foreign investors access to India’s $1.3 trillion government bond market. The move could improve capital flows into the country, as well as stabilise yields.
The Franklin Templeton Fixed Income team is seeing some compelling opportunities across global fixed income markets. Learn how expanding portfolio exposure to include different sovereign issuers and currencies can offer added return and diversification potential.
The Fed left interest rates unchanged in its latest policy meeting in July but acknowledged that price pressures are subsiding. This could encourage the Fed to reduce interest rates later this year. Across the Atlantic, the Bank of England (BoE) implemented its first rate cut since early 2020 on abating inflation in the UK. In contrast, the Bank of Japan (BoJ) raised policy rates for the second time this year to control upward pressures on inflation.