Goldman Sachs favours going long on 30-year govt bond

Goldman Sachs is advising investors to buy India's 30-year government bonds, anticipating a yield drop. This optimism stems from two key factors: the benchmark bond's inclusion in the Fully Accessible Route, expected to boost foreign investment, and the growing trend of household savings shifting towards long-term financial products. Analysts foresee potential inflows and a significant yield decrease, making these bonds an attractive proposition.