Indian Government Bonds Rally Most Since April as Oil Slides
Indian government bond yields fell more than 11 basis points on Wednesday as oil eased after the US midterm election result.
By Khushi MalhotraIndian government bonds rallied the most since early April on Wednesday on easing oil pressures after the Democrats swept the US midterm elections, reviving hopes of a deal to end the Middle East conflict.The benchmark 6.94% 2036 bond (IN069436G=CC) yield dropped more than 11 basi…