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Asia

India bonds fall as Middle East escalation drives oil above $90

Markets-Economic Times · 3h ago · 🇮🇳 India

India bonds fall as Middle East escalation drives oil above $90

On Tuesday, Indian government bonds experienced a downturn, attributed to escalating crude oil prices. The pressure was further compounded by higher cut-off yields observed during a state debt auction. Although robust inflows from the Reserve Bank of India's deposit scheme offered some stability, the potential for rising inflation and an increased import bill due to elevated oil prices remains a concern.

Read the full story at Markets-Economic Times →

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