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Foreign investors pivot to short govt bonds ahead of policy turn

Overseas investors are opting for short-term ​Indian government bonds as they find attractive entry points amid ‌expectations of the interest rates cycle turning, with the ​Iran war driving inflation higher. Bonds with ⁠maturities of less than five years made up over two-thirds of the top 10 notes foreign investors bought during March-May, ‌higher than less than half of similar purchases in January-February, clearing house data showed. [...]