The selloff of US assets resumes as concerns about ballooning US Government debt pushed the 30-year Treasury yield over 5% to its highest level in 18 years. Indonesia cuts rates as currency worries fade. And New Zealand records a record trade surplus ahead of today’s Budget.

In our deep-dive interview, ANZ Economist Dhiraj Nim analyses recent trends in India’s trade flows as authorities there look to secure a trade deal with the US.

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