Indian bonds rise as the market absorbs large government supply and the cash crunch limits gains

Indian government bonds rose on Tuesday after the market absorbed a large supply of government bonds, although gains were limited by a liquidity crisis and the approaching quarter-end that dampened risk appetite.The benchmark 10-year yield stood at 6.5786%, compared with Monday’s close of 6.5912%. Bond yields rise when prices fall.Indian states on Tuesday raised 354.50 […]