Indian government bonds declined for a second straight session on Tuesday, surrendering gains made after the central bank's policy decision two weeks ago, as elevated oil prices compounded the impact of the early closure of a deposit scheme.
The yield on the benchmark 6.94% 2036 bond ended at 6.8269%, after closing at 6.8071% on Monday, up 5 basis points from Monday, its sharpest increase in more than a month.
