Indian government bonds saw a significant rally on Monday. The benchmark yield reached a two-month low. This surge followed news of a preliminary peace deal between the U.S. and Iran. Oil prices dropped sharply, benefiting India's finances. Foreign investors are showing renewed interest in Indian bonds. This positive sentiment is expected to continue.
Indian government bonds saw a significant rally on Monday. The benchmark yield reached a two-month low. This surge followed news of a preliminary peace deal between the U.S. and Iran. Oil prices dropped sharply, benefiting India's finances. Foreign investors are showing renewed interest in Indian bonds. This positive sentiment is expected to continue.
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