India bonds consolidate as traders seek fresh cues

Indian government bonds showed minor fluctuations as market participants remained cautious, looking for new cues. Meanwhile, oil prices settled amidst ongoing concerns over a possible peace deal between the U.S. and Iran. Investors seemed unfazed by recent inflation statistics from both the domestic scene and the U.S., which reinforced the view that interest rate adjustments from either central bank are unlikely soon. The recent dip in U.S.