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India bonds fall as Middle East escalation drives oil above $90
On Tuesday, Indian government bonds experienced a downturn, attributed to escalating crude oil prices. The pressure was further compounded by higher cut-off yields observed during a state debt auction. Although robust inflows from the Reserve Bank of India's deposit scheme offered some stability, the potential for rising inflation and an increased import bill due to elevated oil prices remains a concern.
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economictimes.indiatimes.com
India 10-year bond slumps to lowest in nearly a month as Middle East oil risks heat up
Indian government bonds experienced a significant decline early Monday. Escalating U.S.-Iran tensions pushed oil prices higher, impacting the rupee. This situation prompted…
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India bonds steady after swinging with oil
On Monday, Indian government bonds remained stable as crude oil prices dipped, driven by renewed optimism surrounding U.S.-Iran negotiations. The benchmark 2036 bond yield held…
