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India govt bonds inch lower as global debt selloff weighs

Indian government bonds edged lower Tuesday, tracking a global debt selloff; bargain buying limited losses. The 6.94% 2036 bond yield settled at 6.9581% after a volatile session.

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By Khushi MalhotraIndian government bonds edged lower on Tuesday, tracking a global debt selloff, although bargain buying limited the losses.The benchmark 6.94% 2036 bond (IN069436G=CC) yield settled at 6.9581% after a volatile session, compared to 6.9452% on Monday.It rose to 6.9653% earlier in th…