Tuesday saw Indian government bonds holding firm amidst a backdrop of market anticipation surrounding a possible U.S.-Iran peace negotiation. The easing of crude oil prices lent a glimmer of hope to traders. The 6.94% 2036 benchmark note yield settled at 6.8651%, as overnight index swap rates dipped alongside the oil downturn, compounded by advance tax withdrawals influencing market liquidity.
Indian government bonds held firm on Tuesday amidst market anticipation surrounding a possible U.S.-Iran peace negotiation. The easing of crude oil prices offered a glimmer of hope to traders. The 6.94% 2036 benchmark note yield settled at 6.8651%, influenced by dipping…
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