Economic TimesLean R·
India bonds steady as dicey Iran truce, liquidity crunch curb appetite
Indian government bonds remained steady as traders adopted a cautious stance due to lingering U.S.-Iran tensions and tight banking liquidity. While oil prices dipped, offering some relief, market participants anticipate a period of consolidation after recent gains. Foreign inflows into bonds are strong, though rising U.S. Treasury yields present a potential risk. A key upcoming event is Bloomberg's decision on including Indian bonds in its Global Aggregate Index.
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