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Updated: Indian bonds fall for third session as oil prices near $100 a barrel

News Snapshot:

Indian government bonds fell for a third straight session on Thursday as escalating tensions in the Middle East drove crude oil prices closer to $100 a barrel, while higher U.S. Treasury yields also weighed on sentiment.The benchmark 6.94% 2036 bond yield ended at 6.8413%, ?its highest ?in a ?month, after closing at 6.8012% on Wednesday. The yield has climbed about 5 ?basis points over the last three sessions.Brent crude futures rose for a fifth ?consecutive session, briefly approaching $99 a barrel in Asian trade, their highest level in seven weeks, as the widening conflict in the Middle East ?fuelled concerns…

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