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India bonds face twin drag from rising oil, US yields
Indian government bonds weakened for a second day on Thursday. Rising U.S. Treasury yields and crude prices above $100/barrel fueled inflation concerns. Higher oil prices threaten India's import bill and government finances. The rupee also slipped for a fifth day against the dollar. Focus remains on upcoming inflation prints and the Fed's policy decision.
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thehindubusinessline.com
Indian bonds dip on oil pain; ample cash curbs sales
Indian bonds decline as rising oil prices raise inflation fears, while abundant liquidity restricts aggressive selling.
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economictimes.indiatimes.com
India bonds fall as oil tops $100/bbl, reviving inflation concerns
Indian government bonds weakened as Brent crude oil prices surged past one hundred dollars. This surge rekindled inflation concerns and darkened the interest rate outlook for the…
