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The Economic Times
The Economic Times

Oil pain pins India bonds in range; RBI minutes to give next cue

Indian government bonds stayed pinned ​in a narrow range ​on Wednesday, as higher oil prices blunted support from softer ​U.S. Treasury yields, with traders awaiting the U.S. and local central banks' latest policy minutes for direction.

Global bond yields steadied on Wednesday, holding near multi-decade highs hit in the ‌previous session ⁠as swelling government ⁠debt and geopolitical risks kept pressure on markets.

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