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The Economic Times
The Economic Times

India bonds end three-day losing streak but post second straight weekly decline

Indian government bonds snapped a ​three-day losing streak on Friday ​but posted a second straight weekly decline as surging oil ​prices and higher U.S. Treasury yields kept pressure on sentiment.

The benchmark 6.94% 2036 bond yield ended at 6.8253%, after closing at 6.8413% on Thursday. It rose to 6.8652% earlier in the ‌session, its ⁠highest level ⁠in five weeks.

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