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.