Indian bonds slip on higher oil, hawkish RBI governor comments
MUMBAI: Indian government bonds fell in early trading on Wednesday as a fresh spike in oil prices and hawkish commentary from the central bank chief pushed traders to trim positions further. The benchmark 6.94% 2036 bond yield was at 7.3886% as of 9:45 a.m. I...
MUMBAI: Indian government bonds fell in early trading on Wednesday as a fresh spike in oil prices and hawkish commentary from the central bank chief pushed traders to trim positions further. The benchmark 6.94% 2036 bond yield was at 7.3886% as of 9:45 a.m. IST, after closing at 7.3655% on Tuesday. Bond yields rise when prices fall. Earlier, the yield jumped to 7.4112%, the highest since March 2023, and has gained 2...