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The Economic Times
The Economic Times
Business

Oil rally weighs on Indian bonds, value buyers limit fall

India Bonds Oil

Indian government bonds fell for a fourth straight session on Wednesday, as a sustained rally in oil prices clouded India's macro outlook, with bargain buying cushioning the slide.

The benchmark 6.94% 2036 bond yield settled 1 basis point higher at 6.8012%, holding firm at its ‌highest level since ⁠June ⁠24.

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