By Dharamraj Dhutia

MUMBAI (Reuters) – Indian government bond yields closed lower on Tuesday as the US 10-year yield slipped back below 4% while oil prices remain subdued.

Focus remains on the US Federal Reserve and Reserve Bank of India meetings later this week.

The benchmark 10-year Indian government bond yield ended at 7.3957% after rising five basis points (bps) to 7.4454% on Monday.

“US yields have fallen and this suggests that investors are not overly concerned about the…