Murthy Nagarajan of Tata Asset Management suggests global bond yields will likely remain high as Japan’s yen carry trade unwinds, impacting capital flows and risk sentiment. Rising developed market yields may deter active foreign inflows into Indian debt, favoring passive flows linked to global bond indices. He advises considering sovereign and corporate bonds for portfolio protection amid global uncertainty.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets