India bonds tread water ahead of US, local inflation prints
MUMBAI: Indian government bonds traded flat on Monday after last week’s rally as higher oil prices offset support from softer U.S. data, while traders looked ahead to July inflation data for India and the United States for further direction. The benchmark 6.94% 2036 bond ended little changed at 6.7643% on Monday. Data on Friday showed that U.S. employers unexpectedly shed 23,000 jobs in July,…
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