India’s big bond funds argue that long-term rates are going down

India’s major bond fund managers foresee a prolonged decline in interest rates, driven by improved economic indicators and fiscal discipline. They are heavily investing in 30-year bonds, benefiting from increased foreign demand. Despite optimism, some experts remain cautious about the pace of rate cuts. India’s major bond fund managers foresee a prolonged decline in interest rates, driven by improved economic indicators and fiscal discipline. They are heavily investing in 30-year bonds, benefiting from increased foreign demand. Despite optimism, some experts remain cautious about the pace of rate cuts.  Economic Times