Indian sovereign bond yields saw a significant drop on Monday. This retreat followed reports of a potential de-escalation in the West Asia war. Expectations of a peace framework between the US and Iran boosted market sentiment. Additionally, a lower-than-anticipated state borrowing plan for the April-June quarter provided further support. Bond traders are now awaiting the central bank’s policy rate decision.
Oil prices extend gains as Trump sharpens rhetoric on Iran
Oil prices climbed Tuesday as President Trump intensified threats against Iran over the Strait of Hormuz. Iran rejected a ceasefire, demanding a permanent end to