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Looking at the U.S. Treasury market’s reaction to the coronavirus news, there was one by-product that captured the lion’s share of the headlines: the yield curve inverts again! Kevin Flanagan discusses what this recent inversion means for the fixed income market.
Everyone watching the Indian markets was intensely focused on the February 28 budget announcement. There was even a special trading session set up that day while Finance Minister Arun Jaitley presented the government’s budget.