Indian bonds rise on steady oil, easing US rate-hike fears

On Thursday, Indian government bonds experienced an upturn as oil prices stabilized alongside declining U.S. rate hike expectations, enhancing investor confidence. The market eagerly anticipates updates on India's possible inclusion in the Bloomberg index this month, a move that could significantly boost foreign investments in Indian debt markets. Bond yields have decreased for the second consecutive session, mirroring the trends of U.S. Treasury yields.