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The Economic Times
The Economic Times
Business

India bonds dragged by rise in oil prices, Treasury yields on fresh US-Iran hostilities

Oil Bonds United States Middle East

Indian government bonds slip in early trades on Wednesday, after a flare-up in Middle East tensions pushed oil prices and Treasury yields above key near-term psychological levels.

The benchmark 6.94% 2036 bond yield was at 6.7246% as of 10:00 a.m. IST, after closing at 6.6958% ‌in the previous ⁠session. ⁠Bond yields move inversely to prices.

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