Why would FIIs put money in EMs? Ritesh Jain makes a case
“If the supply of bonds continues to go up in the Western world, then the case for investing in Western world fixed income at the current levels does not make sense. Maybe at some point of time, if you tell me no US tenure is going to 5% and inflation will stabilise at around 3% to 4%, then I would certainly agree that more and more money can stay in western world.”
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