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India bonds extend losses as higher US yields, debt supply weigh
Indian government bonds extended losses on Tuesday, largely defying a pullback in oil prices, as elevated US Treasury yields and a large state debt sale weighed on sentiment. The benchmark 6.48% 2035 yield was at 6.8416% as of 10:30 a.m. IST, after ending at 6.8379% on Monday - its highest level since January 2025. Bond yields move inversely to prices. [...]