India bonds dip
Indian government bonds fell in early deals on Monday, as traders nervously sold debt ahead of rate decisions by the United States and Indian central banks, and as the market lacked fresh positive cues to spur buying. The yield on the benchmark 10-year bond was at 6.3603% as of 10:35 a.m. IST, compared with Friday's close of 6.3505% and up nearly 8 basis points since last week. Bond yields move inversely to prices.
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