India bonds flat as oil prices shrug off US curbs on Iran
Indian government bonds experienced little movement early Tuesday, stabilizing after a recent decline. Oil prices reacted unfazed to new US sanctions, which alleviated some importer tensions. Market players are anticipating an upcoming state debt sale that could reveal investor appetite. Although bond yields are stable, lingering inflation and currency effects might weaken the market's mood. Nevertheless, abundant banking liquidity continues to bolster demand for bonds.
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