Indian government bonds decline as rising crude prices and US Treasury sell-offs heighten inflation concerns ahead of key economic data.
The benchmark 6.94% 2036 Indian bond yielded 6.7907% at 11:45 a.m. IST, compared with 6.7643% at Monday’s close.
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Indian government bonds buckled
early on Tuesday, shadowing a Treasury selloff, as soaring crude
prices rekindled inflation fears, while traders braced for
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