MUMBAI, Nov 7 (Reuters) – Indian government bond yields are likely to trend higher in early trade on Monday as they track a similar move in global oil prices, which could weigh on domestic inflation.

The benchmark 10-year yield is likely to be in a 7.45% to 7.50% range, a trader at a private bank said. The yield ended Friday at 7.4691%, up five basis points last week. Indian markets remain closed on Tuesday for local holidays.

“Oil prices have gone up and…