India government bonds fall third week on higher oil, rate-hike bets
Indian government bonds fell for a third straight week on Friday. The benchmark 6.94% 2036 bond ended largely unchanged at 6.9625%, as higher oil prices and expectations of global rate hikes outweighed ample domestic liquidity support.
By Khushi MalhotraIndian government bonds fell for a third straight week on Friday, as higher oil prices and growing expectations of global rate hikes outweighed support from ample domestic liquidity.The benchmark 6.94% 2036 bond (IN069436G=CC) ended largely unchanged on Friday at 6.9625%, but adde…