Indian Bonds Give Up Gains as High Oil Prices Weigh
Indian bonds gave up gains, with high oil prices weighing on the market.
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11:38:31 AM UTC
SquawkNews
By Khushi MalhotraIndian government bonds ended lower on Monday, giving up early gains, as persistently high oil prices rattled sentiment and pressured the rupee, raising expectations that the central bank may hike interest rates to defend the currency.Brent crude futures hovered near $115 a barrel…