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Indian bonds slip as crude hovers near $90
Indian government bonds declined on Tuesday as oil prices briefly surged past ninety dollars. Traders awaited inflation data for clues on the Reserve Bank of India's interest rate path. Elevated oil prices could potentially fuel inflation and strain India's fiscal balance. Ample banking system liquidity supported demand, especially for short-term debt instruments. Foreign investors also purchased longer-dated bonds as the yield curve steepened.
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m.economictimes.com
India bonds tread water ahead of US, local inflation prints
On Monday, Indian government bonds remained stable following last week's increases. The rise in oil prices countered some support from softer economic data from the United States.…
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thehindubusinessline.com
India bonds skid as crude soars, Treasuries fall
Indian government bonds decline as rising crude prices and US Treasury sell-offs heighten inflation concerns ahead of key economic data.
