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The Economic Times
The Economic Times
Business

Indian bonds rise on steady oil, easing US rate-hike fears

Indian government bonds ​rose on Thursday as steady ​oil prices eased macroeconomic concerns and fading U.S. rate-hike ​bets supported sentiment, while investors waited for news on India's possible inclusion in Bloomberg's flagship bond index.

Investor confidence improved as Brent crude stayed below $85 a barrel in ‌Asian trade, ⁠snapping ⁠a three-day rising streak even after hostilities in the Gulf continued.

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