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India bonds may waver as traders gauge debt supply before RBI verdict

Indian government bonds may open Monday on a soft footing as a hefty ​state borrowing plan darkens sentiment in a market already bruised ‌by elevated oil prices and global yields ahead of ​the Reserve Bank of India's policy decision. The ⁠benchmark 6.94 per cent 2036 bond yield may trade in a 7.20 per cent-7.26 per cent band, a private-bank trader said.  [...]