New Delhi, March 2 -- The Indian government bonds traded lower on Monday, after the crude oil prices jumped amid escalating military conflict in the Middle East, following the US and Israel's strikes on Iran, weighing on investors' risk appetite.

The benchmark 6.48% 2035 bond yield rose to 6.6894%, after ending at 6.6601% on Friday. Bond yields move inversely to prices.

The rupee slid to its one-month low and the Indian stock market slumped as the Iran war hurt risk assets and lifted oil prices. The rupee fell 0.4% to 91.35 per dollar while the benchmark indices, Sensex and Nifty 50 crashed nearly 2% each.

The US and Israel carried out their most extensive military strikes on Iran in decades on Saturday, killing Supreme Leader Ayatolla...