Indian bonds and currency markets may feel the heat as JP Morgan Chase & Co is reportedly considering cutting the weight of the largest bond issuers in its flagship emerging-market index — including China and India.Indian bonds (or Government Securities/G-Secs) were included in JPMorgan’s Global Bond Index – Emerging Markets (GBI-EM) only last year, with effect from June 28, 2024. Financial market players caution that if India’s weight in the aforementioned index is cut from 10 per cent to 9 per cent, there ...