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India 10-year yield snaps 6-day falling streak as US-Iran talks stall
India's benchmark 10-year bond yield saw a pause in its recent drop on Friday. This change was fueled by stalled talks between the U.S. and Iran, which caused oil prices to tick up, negatively impacting investor sentiment. Additionally, profit-taking by traders following a strong bond price increase played a role. Rising concerns about El Nino's expected effects on monsoon rains and inflation deserve attention as well.
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economictimes.indiatimes.com
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