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The Economic Times
The Economic Times
Business

Oil prices scorch Indian bonds; rising Treasury yields add to pressure

Oil India Bonds Inflation

Indian government bonds fell early on Thursday as escalating tensions in the Middle East pushed crude oil prices closer to $100 a barrel, while rising U.S. Treasury yields also weighed on investor sentiment.

The benchmark 6.94% 2036 bond yield was at 6.8180% as of 10:05 a.m. ‌IST, after ⁠closing at ⁠6.8012% on Wednesday.

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