Indian Bond Yields Seen Rising Further on Oil and Debt Supply
Indian government bonds may face further selling as Brent nears $115 a barrel and a weekly debt auction adds to supply. The selloff may be capped as US Treasury yields ease.
By Dharamraj DhutiaIndian government bonds are set to witness another round of selling, with the benchmark Brent nearing the $115 per barrel mark, raising inflation concerns, while fresh supply of debt through the weekly auction is likely to further hurt sentiment.The selloff may be capped as US Tr…