Indian government bonds edged higher early on Friday, tracking U.S. Treasuries as oil prices fell after the U.S. and Iran extended their ceasefire, though gains were capped by a weekly debt auction.
The benchmark 6.48% 2035 bond yield stood at 6.9905% at 10:55 a.m. IST, versus Wednesday's close of 6.9960%. Indian markets were shut on Thursday for a local holiday.