Indian government bonds gained in early trade on Thursday, shrugging off a jump in U.S. Treasury yields, supported by easing oil prices and growing foreign appetite in anticipation of their potential inclusion in a Bloomberg bond index.
The benchmark 6.94% 2036 bond yield traded at 6.7207% by 11:15 a.m. IST, down from its 6.7563% close on Wednesday. Bond yields move inversely to prices.
