Indian bonds are expected to continue rallying until 2025, with Quantum Asset Management predicting a potential 50 basis point decline in the yield on the benchmark 10-year bond by mid-2025.
Trust Mutual Fund also projects a downward trend, with rates sliding towards 6.25%-6.5% over the next 18 months.
Despite recent pressures from a strengthening dollar and rising U.S. Treasury yields, Indian bonds have remained resilient and largely unaffected by these external factors.