Mr Bond makes his voice heard4 min read . Updated: 14 Feb 2018, 05:28 AM IST
It is perhaps too ambitious to say that the bond market actually managed to push back against the might of the Indian government, but there is no doubt that it made its voice heard
The dormant Indian bond market seems to have suddenly sprung into action. Economist Ajay Shah had once wonderfully compared it to a Potemkin village, with computer screens displayed to ignorant visitors. There was very little activity behind the impressive paraphernalia of the trading rooms. Has this changed?
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