Indian government bonds traded cautiously early Monday, as concerns over U.S.-Iran tensions tempered relief from falling oil prices. While oil’s dip below $80 a barrel eases import costs, traders remain wary of El Nino’s impact on inflation and global yield risks. Markets are also awaiting a key decision on India’s inclusion in a major global bond index, which could boost foreign investment.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets