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Oil slide hands India's 10-year bond its best day since early April

Source: ET Markets ·

Oil slide hands India's 10-year bond its best day since early April

The recent drop in Brent crude prices is creating an uptick in demand for Indian government bonds, particularly shining on the 10-year note which has experienced its strongest performance since April. As yields decrease, investors are keen to secure these advantageous rates ahead of the US midterm elections, aware of their potential market implications.

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