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India bonds join global rout after Mideast escalation jolts oil higher

Indian government bonds declined early Tuesday amid rising oil prices. Fresh Gulf strikes obstructed shipping, causing Brent crude to climb significantly. This surge in oil prices threatens to increase India's inflation and interest rate risks. Foreign investors sold Indian bonds, marking their first sale since June policy measures. The rupee also dropped, reflecting concerns over the escalating geopolitical situation.

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Economic TimesLean R·3h ago
India bonds join global rout after Mideast escalation jolts oil higher
Indian government bonds declined early Tuesday amid rising oil prices. Fresh Gulf strikes obstructed shipping, causing Brent crude to climb significantly. This surge in oil prices threatens to increase India's inflation and interest rate risks. Foreign investors sold Indian bonds, marking their first sale since June policy measures. The rupee also dropped, reflecting concerns over the escalating geopolitical situation.
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India bonds join global rout after Mideast escalation jolts oil higher

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India bonds join global rout after Mideast escalation jolts oil higher

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