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The Economic Times
The Economic Times

Updated: Indian bonds fall for third session as oil prices near $100 a barrel

Indian government bonds ​fell for a third straight ​session on Thursday as escalating tensions in the Middle ​East drove crude oil prices closer to $100 a barrel, while higher U.S. Treasury yields also weighed on sentiment.

The benchmark 6.94% 2036 bond yield ended at 6.8413%, ‌its highest ⁠in a ⁠month, after closing at 6.8012% on Wednesday. The yield has climbed about 5 ​basis points over the last three sessions.

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