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The Economic Times
The Economic Times
Business

India bonds calm as oil dip counters US selloff, RBI sales

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.

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