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The Economic Times
The Economic Times
Business

EXPLAINED: Indian bonds gain as soft us inflation cools fed rate hike bets | Vintage Vibes

US Federal Reserve Inflation India United States Bonds Oil

Indian government bonds rose in early deals on Wednesday, after a soft inflation print in the world's largest economy eased concerns of an immediate rate hike by the Federal Reserve.

The benchmark 6.94% 2036 bond yield was at 6.7703% as of 10:40 a.m. IST, after ending at a three-week high of 6.7945% in the previous ‌session. Bond ⁠yields move ⁠inversely to prices.

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