Friday: US yields drop despite Fed's caution

Global bond and stock markets are rallying this morning, despite attempts yesterday by Fed chair Jerome Powell to downplay chances of a rate cut in March. In our bonus deep-dive interview, ANZ Economist Dhiraj Nim details a key reason for India’s economic outperformance — Government investment at 20 year highs in its budget overnight. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/