Indian government bonds were little changed on Monday after edging lower at the open, as traders awaited moves in oil prices ahead of an expected U.S. announcement on additional sanctions against Iran.
The yield on the benchmark 6.94% 2036 bond was at 6.8595% as of 10:00 a.m. IST, after closing at 6.8495% on Friday. The yield posted its biggest weekly rise of the financial year last week.