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India government bonds stall as US Iran peace hopes fade
Economy
Published on 29 April 2026
Crude jumps after Trump cancels envoys trip
Indian government bonds ended little changed after a mid-session pullback as trading sentiment weakened. The pressure followed US President Donald Trump cancelling a visit by envoys to Islamabad for peace talks, pushing crude oil prices higher and reducing optimism for a diplomatic breakthrough. Traders will now watch for further signals on geopolitics and oil moves.
- India government bonds closed little changed despite earlier pressure
- Trump’s cancellation of envoys trip to Islamabad hurt risk sentiment
- Crude oil prices rose, dimming expectations of a breakthrough
- Bond traders will track geopolitics and oil for next cues
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times