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Indian Bonds Little Changed as Oil Spike Offsets Falling Treasury Yields

Indian government bonds were little changed in early Friday trading as investors weighed higher oil prices against lower US Treasury yields; fresh supply also kept demand tepid.

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Indian government bonds showed little movement in early trading on Friday. Investors weighed a sharp rise in oil prices against a steep drop in US Treasury yields, while fresh bond supply kept demand subdued. Brent crude climbed above $114 per barrel, reaching its highest…