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The Economic Times
The Economic Times
Business

Indian bonds breathe easy as Treasury yields decline

Bonds Reserve Bank of India United States India Inflation Interest Rates

Indian government bonds edged higher early on Thursday, tracking a rally in US Treasuries, but gains were capped by concerns over tighter liquidity, higher interest rates and mounting supply pressures.

The benchmark 6.94% 2036 bond yield was down 2.5 basis points at 7.3714% at 11:40 a.m., after falling as much as 4 basis points at the open.

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