US-Israel-Iran War: Indian bond yields spike as Middle East conflict lifts crude oil prices
The Indian government bonds traded lower on Monday, after the crude oil prices jumped amid escalating military conflict in the Middle East, following the US and Israel’s strikes on Iran, weighing on investors’ risk appetite. The benchmark 6.48% 2035 bond yield rose to 6.6894%, after ending at 6.6601% on Friday. Bond yields move inversely to…