01-June-2026
Markets and Finance
 
India bonds dip as Middle East war woes add to policy week caution
01-Jun-2026

Indian government bonds retreated early Monday as traders braced for the central bank's Friday policy decision and as a lack of resolution in the Middle East conflict pushed oil prices higher. The benchmark 6.48% 2035 yield climbed 2 basis points to 7.0249% by 10:45 a.m. IST, after ending Friday at 7.0037%. The yield had fallen 6 basis points last week, its biggest weekly drop in seven weeks. Brent crude futures rose 1.38% to $93.32 in Asian trading after Israel deepened its push into Lebanon. Israeli Prime Minister Benjamin Netanyahu said Sunday he had ordered troops to advance against the Iran-backed Hezbollah militant group, even as ceasing hostilities against Israel's northern neighbour is among Iran's conditions for ending the war.

News Source:- https://economictimes.indiatimes.com/markets/bonds/india-bonds-dip-as-middle-east-war-woes-add-to-policy-week-caution/articleshow/131434741.cms