Economic TimesLean R·
Oil slide anchors India 10-year yield at 3-month low
Indian government bond yields dipped to a three-month low on Tuesday, buoyed by easing oil prices and receding geopolitical tensions. The benchmark 10-year note closed lower as market anxiety subsided. Analysts anticipate yields to remain within a narrow band this week. Meanwhile, anticipation builds for a potential inclusion in a global index, which could boost foreign investment and the rupee, despite ongoing El Nino concerns impacting inflation and growth.
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