Indian bond yields decline to 6.71% on oil relief
after close1 source ↓written by the desknot a recommendation
- following easing oil
- 6.7139%
- auction
- ₹32,000 crore
Indian government bonds rallied as yields dropped to 6.7139% following easing oil prices and strong demand at a ₹32,000 crore auction. Investors showed interest in longer-duration notes, buoyed by nearly $4 billion in foreign capital inflows since June. Market sentiment remains optimistic about potential inclusion in the Bloomberg Global Aggregate Index.
Not investment advice. For informational purposes only.