Header and navigation menu

Page content

India bonds rise on bets of more supportive measures; oil tempers optimism

Indian government bonds rose in early trade on Wednesday, following four sessions of declines, after the government raised import tariffs on gold and silver to curb overseas purchases, a move being seen as the first of several measures expected. The benchmark 6.48% 2035 bond yield was at 7.0345% as of 10:15 a.m. IST, after ending at 7.0458% on Tuesday. The yield had risen 13 basis points over the last four sessions. [...]