India bonds steady after swinging with oil

On Monday, Indian government bonds remained stable as crude oil prices dipped, driven by renewed optimism surrounding U.S.-Iran negotiations. The benchmark 2036 bond yield held steady, mirroring previous trading patterns. Foreign investors returned to the Indian bond market, seizing opportunities at elevated yields following earlier sell-offs. However, lingering concerns about the U.S.-Iran situation and a potential monsoon deficit continue to weigh on investor sentiment.