Indian government bonds came under heavy selling pressure early on Thursday after minutes of the central bank's latest policy meeting signalled it could raise rates if inflation risks materialise. The yield on the benchmark 6.94% 2036 bond was at 6.8382% as of 10:25 a.m. IST, after closing at 6.8170% on Wednesday. Minutes from the meeting showed policymakers growing more cautious on inflation, with RBI Governor Sanjay Malhotra stating although price pressures have not yet broadened significantly across the economy, headline inflation is beginning to move up from the unusually subdued levels seen earlier.