Indian government bonds fell early on Friday, on course for a sixth straight weekly loss, with the benchmark 10-year yield perched at a four-month peak, as a sharp selloff in U.S. Treasuries battered sentiment before a large debt auction.
New Delhi is set to sell 340 billion rupees ($3.54 billion) of the benchmark 10-year note later in the day, testing demand in a market already pressured by policy-tightening expectations, oil-driven inflation and rising global yields.
