外国银行抛售印度国债创纪录 印巴冲突影响投资者信心

Core Viewpoint - Foreign banks have sold a record amount of Indian government bonds, driven by investor concerns over the ongoing border conflict between India and Pakistan, which has negatively impacted market sentiment [1] Group 1: Market Impact - Foreign banks net sold 106.3 billion rupees (approximately 1.2 billion USD) of Indian government bonds, marking the highest level of sell-off since data collection began in 2006 [1] - The ongoing hostilities with Pakistan have raised fears about potential escalations, affecting investor confidence in the Indian market [1] - Indian stocks and bonds have declined for the second consecutive day, indicating a broader market reaction to geopolitical tensions [1] Group 2: Economic Indicators - The yield on the benchmark 10-year government bond has increased by approximately 9 basis points over the past two days, reflecting rising borrowing costs amid market uncertainty [1] - The Indian rupee experienced its largest intraday decline since 2022 on Thursday, although it rebounded slightly by approximately 0.3% on Friday [1] Group 3: Central Bank Expectations - Despite expectations that the Reserve Bank of India may lower interest rates to provide some relief to investors, the current geopolitical situation is overshadowing these potential monetary policy adjustments [1]