Indian Bonds Drift as Treasury Yields Rise Ahead of CPI
Indian government bonds traded in a narrow range early Thursday as softer oil prices offset higher U.S. Treasury yields, ahead of domestic inflation data and debt supply. The benchmark 6.94% 2036 bond yield was little changed at 7.2183% at 10:30.
By Khushi MalhotraIndian government bonds were confined to a narrow range early on Thursday, with softer oil prices offsetting a rise in US Treasury yields ahead of key domestic inflation data and debt supply.The benchmark 6.94% 2036 bond (IN069436G=CC) yield was little changed at 7.2183% at 10:30…