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Updated: Indian bonds fall for third session as oil prices near $100 a barrel
Indian government bonds experienced a decline for the third straight session on Thursday, primarily influenced by escalating tensions in the Middle East, which pushed crude oil prices to nearly $100 a barrel. Additionally, the rise in U.S. Treasury yields dampened market sentiment. Given India's dependency on crude oil imports, this scenario raises concerns over an inflated import bill and the resurgence of inflationary pressures.
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economictimes.indiatimes.com
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…
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thehindu.com
Indian bonds come under pressure as crude prices surge over $90 a barrel
Indian bonds face pressure as crude prices exceed $90, raising inflation concerns and impacting the economy and financial markets.
