On Wednesday, Indian government bonds took a hit due to renewed U.S. airstrikes in the Middle East, escalating tensions in the Gulf region. This escalation has led to a spike in oil prices and increased U.S. Treasury yields. The rising crude prices pose challenges for India's inflation, fiscal health, and current account. Investors can expect high global yields to continue, limiting the potential for rallies in Indian fixed income markets.

Indian government bonds experienced a significant surge early this week. This rise followed a sharp decline in crude oil prices over the weekend. The easing oil prices offered…

Indian government bonds rallied early this week as crude oil prices fell sharply, driven by easing Middle East tensions, offering relief to the bond market.

Indian government bonds ended the day unchanged on Tuesday after a recent rally, as an influx of ten-year notes and the Federal Reserve's policy decision dampened risk appetite.…