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The Economic Times
The Economic Times
Business

Indian bonds buckle under oil spike, fresh debt sale

Indian government bonds ​fell early on Friday, giving ​up part of the week's gains, as higher oil prices ​weighed on sentiment ahead of New Delhi's hefty debt sale.

Higher crude prices also pushed the U.S. 10-year Treasury yield up 7 basis points overnight and in Asian ‌trade to ⁠4.68%, reducing ⁠the appeal of riskier emerging market debt.

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