印度国债：2025年外资净购缩量 12月现大规模撤离

Group 1 - Foreign investors have been net buyers of Indian government bonds for three consecutive years starting January 1, 2025, but the net purchase scale has significantly decreased compared to the previous year [1][3] - There were months of capital outflow, particularly in April and May, due to concerns raised by U.S. tariff-related statements, which created significant negative sentiment [1][3] - Although there was some capital inflow after the initial outflow, December saw a large-scale withdrawal of funds as investors believe the Reserve Bank of India has ended its rate-cutting cycle, limiting the downward potential for government bond yields in 2026 [1][3]