Value buyers lift India bonds; US-Iran war jitters, oil risks weigh
➤ Indian government bonds saw a rebound due to value buying, but gains were capped by rising oil prices and U.S. Treasury yields amid escalating U.S.-Iran tensions. ➤ Foreign lenders made significant investments in Indian bonds in June, particularly in Fully Accessible Route bonds, driven by expectations of index inclusion. ➤ Overnight index swap rates remained stable as traders adopted a cautious stance due to geopolitical uncertainties and potential market volatility.













