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.
Gold heads for weekly loss amid oil-driven inflation concerns
Gold prices held steady Friday, but a weekly dip was likely as soaring oil prices fueled inflation concerns, impacting interest rate expectations. Meanwhile, geopolitical tensions