Bloomberg Australia shouldn’t be concerned about its escalating government debt in response to the coronavirus crisis because of the long record of responsible fiscal policy, Reserve Bank Governor Philip Lowe said. “If ever there’s a time to borrow, now is it,” the RBA chief told the Australian Broadcasting Corp.’s Four Corners program in a report on the scramble to combat ...

Bloomberg Sovereign bonds in India rallied after data showed the central bank bought debt earlier in the month, fuelling speculation that it will do more to support a market worried about record government borrowings. The yield on the benchmark 10-year debt fell 14 basis points to 6.21%, its biggest drop in a month. The 6.18% 2024 debt fell 21 basis ...

Bloomberg Foreign buyers are likely to steer clear of Indonesian bonds until the rupiah’s gyrations start to die down. That’s despite the value in the long end of the curve. International funds fled in the first quarter, with a record $8.7 billion in net foreign outflows, according to exchange data compiled by Bloomberg. Although Indonesian bond performance has improved, global ...