GK and monthly revision

Goldman Sachs favours going long on 30-year govt bond

Goldman Sachs has recommended that investors purchase India's 30-year government bonds, anticipating a drop in yields. This recommendation is based on the bond's inclusion in the Fully Accessible Route, which is expected to attract increased foreign investment, alongside a growing trend of household savings being directed towards long-term financial products. The forecasted inflows and yield reduction highlight the bonds' attractiveness for investors.