Indian government bonds were muted on Monday, as softer Brent tempered anxiety over a US Treasury selloff and the Reserve Bank of India's liquidity-draining bond sales.
The benchmark 6.94% 2036 bond yield was at 7.0614% by 11:00 a.m. IST, barely moving from Friday's close, after rising 31 basis points over five weeks - its longest weekly rising streak in about a year.