Economic TimesLean R·
India bonds walk tightrope on steady oil, shaky US-Iran truce
Indian government bonds traded cautiously early Monday, as concerns over U.S.-Iran tensions tempered relief from falling oil prices. While oil's dip below $80 a barrel eases import costs, traders remain wary of El Nino's impact on inflation and global yield risks. Markets are also awaiting a key decision on India's inclusion in a major global bond index, which could boost foreign investment.
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