The Indian rupee and
government bonds are likely to take cues from oil prices and
inflation readings in the United States and at home, with bond
traders also anticipating additional details on the.
The yield on benchmark 10-year government bonds shot up by 12 basis points to 7.34 per cent, the highest level since March 23. The benchmark Sensex rose by 0.55 per cent, or 364 points, to 65,995.63.
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