India bonds edge up on short covering as US yields cool

India bonds to edge up on steady US yields, oil prices

Indian government bonds may edge up as steady US yields and oil above $100 buoy sentiment, with RBI rate trajectory in focus.

India bonds edge up on short covering as US yields cool

Indian government bonds experienced a rise after a sharp selloff raised benchmark yields. US Treasury yields decreased, leading to investors unwinding their short positions. Reports of potential US-Iran talks contributed to the buying momentum observed in the market. Concerns over inflation and global borrowing costs have influenced expectations for a Reserve Bank of India rate hike.

Global bond yields rise. Will it hurt Indian stocks?

As global bond yields surge, India’s borrowing costs remain surprisingly resilient.