India bonds finish flat amid oil inflation fears
Indian government bonds finished little changed as oil inflation concerns pressured prices before short covering pulled yields off session lows. Elevated crude prices and caution ahead of the Federal Reserve policy decision kept market appetite contained.
Xurve View
Insights:
Xurve View
India government bonds finished Wednesday flat at 7.44% as short covering countered oil-driven inflation fears. The session saw the 6.94% 2036 bond yield trade between 7.42% and 7.49%.
