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India bonds cling to range as traders parse oil risk

Indian government bonds experienced restrained trading on Wednesday, influenced by softer U.S. Treasury yields which offered some stability. Nevertheless, rising oil prices dampened domestic morale, impacting the rupee's performance. Market participants are keenly awaiting the Reserve Bank of India's policy minutes for insights. Domestic investors and state-owned lenders have been pivotal in restraining yield increases.

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Economic TimesLean R·1h ago
India bonds cling to range as traders parse oil risk
Indian government bonds experienced restrained trading on Wednesday, influenced by softer U.S. Treasury yields which offered some stability. Nevertheless, rising oil prices dampened domestic morale, impacting the rupee's performance. Market participants are keenly awaiting the Reserve Bank of India's policy minutes for insights. Domestic investors and state-owned lenders have been pivotal in restraining yield increases.
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India bonds cling to range as traders parse oil risk

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India bonds cling to range as traders parse oil risk

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