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India bonds surge as oil nears 8-week low on US-Iran deal hopes
Indian government bonds rallied early Friday as oil prices plunged, with Brent crude futures easing nearly 2% to $88.66 per barrel. This decline, driven by hopes of a U.S.-Iran peace deal, boosted demand ahead of a significant debt auction. The benchmark 10-year U.S. Treasury yield also eased, contributing to the positive sentiment for Indian debt.
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economictimes.indiatimes.com
India bonds snap four-day rally on US-Iran war risks
Indian government bonds witnessed a dip on Wednesday, breaking a four-day winning streak. The decline was largely attributed to soaring oil prices linked to geopolitical unrest in…
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thehindubusinessline.com
Bond demand wanes as US-Iran tensions lift oil
Demand for Indian bonds declines as US-Iran tensions escalate, leading to significant foreign outflows and rising oil prices.
