BusinessPhoto: MintIndia's Long-Term Bond Yields Less Sensitive to Inflation: NIPFP
A study by the National Institute of Public Finance and Policy (NIPFP) shows that since late 2022, India's long-term bond yields have become significantly less sensitive to inflation and money supply growth. Meanwhile, short-term interest rates have grown more responsive to these economic factors, indicating a shift in bond market dynamics in the AI era.
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