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The Economic Times
The Economic Times
Business

Indian bonds slip on higher oil, hawkish RBI governor comments

Reserve Bank of India Oil Bonds Monetary Policy Interest Rates Inflation Saudi Arabia Yemen

Indian government bonds fell in early trading on Wednesday as a fresh spike in oil prices and hawkish commentary from the central bank chief pushed traders to trim positions further.

The benchmark 6.94% 2036 bond yield was at 7.3886% as of 9:45 a.m. IST, after closing at 7.3655% on Tuesday. Bond yields rise when prices fall.

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