News > India, Indonesia debt outperforms China despite global selloff
India, Indonesia debt outperforms China despite global selloff
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Latesttalks | 06/10/2022 03:55 PM | Click to read full article
Indian and Indonesian bonds are offering shelter from extreme volatility in global markets.
The two countries sovereign debt only lost 0.4% and 1.5% respectively for dollar-based investors in the third quarter, less than other emerging markets in Asia including China, according to data compiled by Bloomberg. They knocked China off the top spot as the best performer in the region.