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View Full Version : Indian Bonds to Rise on Deflation , Barclays Says - Bloomberg



NewsWhore
02-23-2009, 02:06 AM
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Indian Bonds to Rise on Deflation , Barclays Says (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DairQdfI4Qmb4%26refer%3Dindia&cid=0&ei=i0uiSY21BaXWMIzT_IsM&usg=AFQjCNG1PxLxraUR21p86GB3Fh5jobyeJg)
Bloomberg
“There won’t be a sustained price decline, which one sees during deflation,” said Vikas Agarwal, a currency strategist at JPMorgan Chase & Co. in Mumbai. “We might have a mild negative inflation trend but it won’t be good enough to be called deflation. ...


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