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The Economic Times
The Economic Times
Business

India bonds slip for third week tracking oil, global debt rout

India Bonds Oil Inflation United States

Indian government bonds fell for ​a third straight week on ​Friday, as higher oil prices and growing expectations of global ​rate hikes outweighed support from ample domestic liquidity.

The benchmark 6.94% 2036 bond ended largely unchanged on Friday at 6.9625%, but added 5 basis points this week, rising a total of ‌20 bps in ⁠three ⁠weeks.

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