Bloomberg The slide in Indian bonds last month on concern about potential monetary stimulus has one bond veteran smelling an opportunity. The government’s scope to deliver a big package to revive the economy is limited despite the $24 billion windfall from the central bank, while the prospect of additional interest-rate cuts will drive yields lower, Neeraj Gambhir, president and head …

Bloomberg Half of Britons say that the UK’s departure from the European Union has pushed up their expectations for price growth, a Bank of England (BOE) survey showed. Inflation expectations for the coming year stood at 3.3 percent in August, the BOE said, the highest since 2013 and up from 3.1 percent in May. Consumers are slightly more optimistic about …

Bloomberg A prolonged shadow-banking crisis and hurdles in bankruptcy rules are set to keep India atop the world’s worst bad-debt pile, even as Italy, which held the title previously, quickens the clean-up of its lenders. Moody’s Investors Service to Credit Suisse Group AG warned that more loans may sour in the Asian nation’s banking system. More than 2.4 percent of …