India bond yields seen steady as weekly auction awaited
Indian government bonds could open stable Friday as market participants await fresh debt supply via the weekly auction, with elevated oil prices acting as a drag on longer-duration notes.
By Dharamraj DhutiaIndian government bonds could see a stable opening on Friday, as market participants await fresh debt supply through the weekly auction, even as elevated oil prices continue to act as a drag, especially for the longer-duration notes.The yield on the benchmark 6.94% 2036 bond (IN0…