Indian Bond Yields Seen Rising Further on Oil and Debt Supply
Indian government bonds may face further selling as Brent nears $115 a barrel and a weekly debt auction adds to supply. The selloff may be capped as US Treasury yields ease.
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Indian government bonds may face further selling as Brent nears $115 a barrel and a weekly debt auction adds to supply. The selloff may be capped as US Treasury yields ease.
Reuters preview says the rupee and government bonds are likely to stay under pressure in a holiday-shortened week. Traders are watching elevated oil prices, multi-year-high global yields and expectations for an RBI rate hike next week.