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India bonds up tracking US Treasuries; traders stay guarded

Indian government bonds rose slightly in early deals on Tuesday, tracking a rise in US Treasuries, but the gains may be capped as traders cautiously await clarity on the RBI’s liquidity moves and demand at the upcoming auction. The yield on the benchmark 10-year bond was at 6.3123% as of 10:10 a.m. IST, compared with previous close of 6.3241%. [...]