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The Economic Times
The Economic Times
Business

India bonds dip as Middle East war woes add to policy week caution

India Bonds Middle East Oil Inflation

Indian government bonds retreated early Monday as traders braced for the central bank's Friday policy decision and as a lack of resolution in the Middle East conflict pushed oil prices higher.

The benchmark 6.48% 2035 yield climbed 2 basis points to 7.0249% by 10:45 a.m. IST, after ending Friday at 7.0037%. ‌The yield had ⁠fallen 6 ⁠basis points last week, its biggest weekly drop in seven weeks.

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