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Short is sweet in rupee bonds as supply flood hits longer debt

  Bloomberg ‘Short is sweet’ is the mantra at global banks advising investors on India’s sovereign-debt market. Deutsche Bank AG and Standard Chartered Plc are among lenders favoring front-end notes amid bets that a banking system awash with cash will help keep short-term rates in check, even as rising supply and the central bank’s hawkish tone threaten to push up ...

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China bargain bank stocks miss out on rally

  Bloomberg Not even the cheapest shares in 13 years can lure investors to China’s banks. On a price versus book value basis, Chinese financial firms are trading at the biggest discount since 2004 to both the MSCI China Index and their Asian peers. The stocks have underperformed all but two other industry groups this year. While that’s spurred bullish ...

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China producer price reflation moderates as commodities cool off

  Bloomberg China’s producer prices surged again at close to the quickest pace since 2008 last month, though pulled back slightly from February, suggesting the reflationary boon to industrial profits is set to moderate. Producer price index rose 7.6 percent from a year earlier, versus median estimate of 7.5 percent in Bloomberg survey and 7.8 percent increase in February. Consumer ...

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