Indian Bonds Seen Firmer as Oil Slips; Midterms in Focus
Indian government bonds are expected to open firmer as crude prices retreat, easing inflation and rate-hike concerns. Traders are watching the US midterm elections for cues on the US-Iran war.
By Khushi MalhotraIndian government bonds are likely to open firmer on Monday, as a retreat in crude prices eases inflation and rate-hike concerns, though traders await cues from the US midterm elections on the trajectory of the US-Iran war.The benchmark 6.94% 2036 bond (IN069436G=CC) yield is seen…