Indian Government Bonds Rise as Treasuries Rally and Oil Eases
Indian government bonds rose on Thursday, supported by a Treasury rally and softer oil prices. The benchmark 6.94% 2036 bond yield fell 3 basis points to 7.4091% by noon; a large debt sale and rupee weakness capped gains.
By Khushi MalhotraIndian government bonds rose on Thursday, drawing support from a rally in Treasuries and softer oil prices, though a large debt sale and rupee weakness capped gains.The benchmark 6.94% 2036 bond (IN069436G=CC) yield was down 3 basis points at 7.4091% by noon. Bond yields move inve…