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The Economic Times

India bonds rise as US-Iran halt strikes; monsoon risk limits gains

United States Bonds India Iran Deficit Foreign Investment Inflation

Indian bonds swung higher for a fifth straight session on Monday, supported by a pause in U.S.-Iran hostilities after renewed strikes over the weekend, though a widening monsoon deficit capped gains.

India's benchmark 10-year yield settled nearly 2 basis points lower at 6.7515%, falling ‌for a ⁠fifth straight session ⁠and hovering at its lowest since March 20. Bond yields move inversely to prices.

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