Indian Bonds May Drop On High Oil Prices, U.S. Treasury Yields

Indian bonds may extend losses as higher crude oil prices and U.S. Treasury yields weigh on sentiment. The rupee may also open lower amid worries over the impact of elevated commodity prices on the nation’s fiscal health. 10-year yields rose 6bps to 6.64% on Monday USD/INR rose 0.1% to 74.2425 on Monday Global funds sold net Rs 855 crore of …

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Indian Bonds May Drop On High Oil Prices, U.S. Treasury Yields via @goldsilverrepor