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MARKETS-ECONOMIC TIMES · INDIAN ·

India bonds rise as oil slumps on Iran peace deal hope

As reported by Markets-Economic Times
Indian government bonds saw a significant rise on Friday. This surge was driven by a sharp decline in crude oil prices. Hopes of a breakthrough with Iran boosted sentiment. However, domestic fiscal worries capped the gains. The benchmark 2036 note yield fell to its lowest since issuance. Investors are watching the Reserve Bank of India's measures to attract foreign investment.
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