Indian government bonds saw little movement on Monday. The benchmark 10-year yield stayed within a tight range. However, demand for longer-term bonds weakened, causing their yields to rise. Traders noted that the Rupee’s performance and liquidity are now key factors influencing the market. The focus is on the Rupee’s potential impact on the Reserve Bank of India’s upcoming policy decisions.
Oil climbs following renewed US, Iran strikes in Middle East
Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential