Asian Bonds

Selling in stocks continued though, with most Asian share indexes ticking down in early trading

JPMorgan Asset joins a slew of global investors, including Abrdn Plc and Zurich-based Vontobel Asset Management, in turning to Indian bonds ahead of their inclusion

Market sentiment is starting to shift as rising commodity prices keep the policymakers from letting their guard down on inflation

Financial firms have led the charge in global issuance this year as a sector, with year-to-date sales topping $250 billion

Rising inflation means there have still been losses for broader Asian bonds-- as there have been in many parts of credit markets globally -- but they've been much milder

A rebound in regional economic activity and a drop in US yields boosted sentiment.

Foreigners also sold $599 million in Thai bonds in the previous month

In India, foreign investors booked profits by selling more than $600 million worth of domestic bonds this month