Bond vigilantes worry as weak Modi government win fans fiscal populism fear

Prime Minister Narendra Modi’s smaller-than-expected poll victory is causing concerns among bond investors about increased populism. The election results shocked traders, leading to a selloff in Indian assets. Prime Minister Narendra Modi’s smaller-than-expected poll victory is causing concerns among bond investors about increased populism. The election results shocked traders, leading to a selloff in Indian assets.  Economic Times

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