Indian government bonds tumbled on Friday, with the benchmark yield posting its biggest weekly rise in eight weeks, as oil prices spiked and the lack of clarity on an index inclusion announcement prompted traders to cut risk before the weekend.
The benchmark 6.94% 2036 bond yield ended at 6.7799%, up from Thursday's close of 6.7478%. It rose 6.5 basis points this week, after staying range-bound last week and declining in the previous six.
