• The inclusion of Indian bonds in a prominent emerging markets index has sparked renewed investor interest.
  • India is a structural growth story, supported by a prudent government spending approach.
  • Emerging Market bonds may provide opportunities for yield-seeking investors.

Actionable ideas

  • India bonds
    For global investors, Indian bonds may offer diversificationbenefits and attractive yields (around 7%*).
     
  • Emerging market bonds
    The macroeconomic environment, with the easing of monetary policy, should support for Emerging Market bonds in the second part of the year.

*Source: Bloomberg, 28 June 2024. Yield on the 10-year India government bond.

Key Dates

2 Jul

EZ CPI estimate

 

3 Jul

US PMI, US ISM, UK PMI
CaixinChina PMI, Minutes of       Fed's June FOMC meeting

 

5 Jul

US labour markets

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