Indian government bonds traded in a narrow range for a second straight session on Tuesday, as a four-week rally fuelled by lower oil prices paused and investors looked to Bloomberg index inclusion flows and the monsoon outlook for fresh cues.
The yield on the benchmark 6.94% 2036 note was slightly lower at 6.8378% at 10:25 a.m. IST. It closed at 6.8473% on Monday. The 10-year eased nearly 20 basis points in last four weeks.
